Monthly archives: January 2024

Oil Market: Is the U.S. Dollar Leading the Way?

In the last couple of weeks, we have been analyzing various scenarios and factors that could impact crude oil prices.   We emphasized the crucial support level at 100 for the U.S Dollar Index. A breach of this level would indicate a bearish trend. Historically, such a development has been bullish for oil, as both …

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Tanker FFA Report 16/01/24

Please click below to view the report     For more information please contact FIS info@freightinvestor.com London +44 (0) 207 090 1120 Singapore +65 6535 5189 Dubai + 971 4 449 3900 Shanghai: +86 21 6335 4002 US (CT): +1 203 325 8004

Iron Ore DCE May24 Daily Technical Review 16/01/24

Verdict- Neutral to Bearish. DCE May24 contract tested low and rebounded by last half hour. Hourly MACD narrowed in bearish territory. Hourly slow stochastic KD flattened above oversold area. Iron ore saw exhaustion at current level. A hold on the low at 924.5 potentially bring iron ore into a consolidating phase. First support 924.5. First …

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