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Category archives: Ferrous
Singapore Iron Ore Report 04/07/24
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Iron Ore Offshore July 24 Morning Technical Comment – 240 Min Chart 04/07/24
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European Close 03/07/24
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London Iron Ore Report 03/07/24
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Singapore Iron Ore Report 03/07/24
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Iron Ore Offshore July 24 Morning Technical Comment – 240 Min Chart 03/07/24
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Iron Ore DCE Sep24 Daily Technical Review 03/07/24
Verdict- Neutral to Bullish. Iron ore price increased as expected from last report. Hourly MACD widened in bullish territory. Hourly slow stochastic KD entered overbought area. Hourly CCI approached the high created on June 26th. Iron ore potentially maintain bullish in next few sessions. First support 848.5. First resistance 870.0.
Daily Virtual Steel Mill Report 03/07/24
Verdict: • Short-run Neutral to Bullish. Macro: • The United Nations conference on trade and development predicted that the global GDP growth will be around 3% in 2024, the short-term trade outlook is cautiously optimistic. Global trade volume may reach 32 $trillion in 2024, however lower than record high at 2022. • US Federal …
European Close 02/07/24
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