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[QUOTE="SOLIDECN, post: 214941, member: 80239"] [JUSTIFY][B]DAX 40 - Low gas prices catalyze the growth of the German manufacturing sector[/B] As of the end of yesterday's trading, 1.0 thousand cubic meters of "blue fuel" on the London Intercontinental Exchange (ICE) was traded at a price of 1.245 thousand dollars. The spot price for gas with a next day delivery is at around 0.716 thousand dollars per 1.0 thousand cubic meters, which cannot be compared with the spring peak prices of 3.8 thousand dollars. The main reasons for the decline in quotations are the high filling levels of European gas storage facilities, which are approaching 99%, as well as abnormally warm weather in the EU for the current time of the year. [img]https://i.ibb.co/ZSjhBXV/dax.png[/img] On the daily chart of the asset, the price is trading above the resistance line of the descending channel, actively rising and reaching the highs of this spring. [B]Support levels[/B]: 13962, 13262 | [B]Resistance levels[/B]: 14631, 15541[/JUSTIFY] [/QUOTE]
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