Author archives: Hao Pei

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

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

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

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

Verdict- Neutral. DCE iron ore corrected as expected yesterday. Hourly high reached 697.5, which became major resistance. Hourly MACD narrowed in bearish area. Hourly slow stochastic KD created gold cross in oversold area. The last two candles saw support on 673.0-673.5. Open interest continuous increased during past three days. A stand on 673.0 would bring …

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