Category archives: Ferrous

Iron Ore DCE May Daily Technical Review 17/2/22

Verdict – Short-term bearish. DCE iron ore May22 re-entered the bearish tunnel during the day with expanding trading volume. The volume and open interest structure indicated that iron ore market was still driven by aggressive new short positions. Hourly MACD expanded in bearish territory. Hourly slow stochastic KD created a dead cross above oversold area. …

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Freight and Commodity Podcast 16/02/22

As tensions persist in Eastern Europe, in this week’s podcast, we focus on commodities that have experienced some serious volatility of late: oil and products, battery metals, and dry freight.     Click Below to Listen:     Web – https://soundcloud.com/paul-oakley-6/episode-87-160222 Spotify – https://open.spotify.com/episode/6pa7bK0ql6w4htNmeovKoD?si=-U5xfDKMTd-z6xhq3HK46Q iTunes – https://podcasts.apple.com/gb/podcast/episode-87-16-02-22/id1507094242?i=1000551272890

Iron Ore DCE May Daily Technical Review 16/2/22

Verdict – Short-term neutral. DCE iron ore May22 recovered slightly during the day. Hourly MACD potentially create gold cross. Hourly slow stochastic KD created gold cross below 0 axis. Hourly CCI rebounded fast from bearish territory. Iron ore price rebounded on the back of 696.0 twice during the day. However the rebound continuance was uncertain. …

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