Category archives: Ferrous

Iron Ore DCE May Daily Technical Review 8/2/22

Verdict – Short-term neutral to bearish. DCE iron ore May22 contract retreated significantly during the last half hour with increasing volume. Hourly MACD created a dead cross. Hourly slow stochastic KD created dead cross in overbought area. Hourly CCI created bearish divergence with candles before the last trading hour. Iron ore potentially test low in …

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A Room with a Technical View 07/02/22

  Capesize March Futures – The roll from February to March resulted in the futures gapping higher, from a technical perspective the upside move created by the roll means the technical is considered bullish, as the rolling front month contract traded above the USD 14,750 level. As noted on the morning technical reports, momentum had …

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