FIS API Blog
Verdict – Short-term bearish. Maintain short-run bearish during this week. Iron ore created many long upper shadow candles, indicating majority of new buyers are intra-day traders, versus most sellers are holding longer period of time. The resistance level was the high of each trading day. From hourly chart, slow stochastic KD created cyclical low. MACD …
Continue reading “Iron Ore DCE January Daily Technical Review Sep 10th”
Ferrous Market – Ganggu Construction Steel Inventory: production 5.58 million tonnes, down 137,900 tonnes w-o-w. Mills inventory 4.88 million tonnes, down 126,400 tonnes w-o-w. Circulation inventory 11.47 million tonnes, up 37,200 tonnes w-o-w. – MySteel Rebar Inventory: Rebar production 3.72 million tonnes, down 2.82% w-o-w. Mills inventory 3.58 million tonnes, down 2.35% w-o-w. Circulation inventory …
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 US (KS): +1 813 …
Confused by market jargon? Getting your stochastic mixed up with your doji stars? Then don’t fear! This week’s special podcast episode explains all about market technicals and how to use them with FIS technical research analyst Ed Hutton. Available now on: Website https://freightinvestorservices.com/blog/fis-castaway-eps-24-unprecedented-coverage-in-unprecedented-times/ Spotify https://open.spotify.com/episode/3tXBm8aTEgEf9vK7kKIsKj?si=v-WRJWu3RIeXFy6o7NDEvg And Itunes https://podcasts.apple.com/gb/podcast/fis-castaway/id1507094242#episodeGuid=aacbc42e-90c9-a808-518e-a244416f7bcf Disclaimer: This podcast is a marketing communication and …
Iron ore futures entered another correction phrase for the second consecutive days, following a market selloff at the close. Thus, the most-traded iron ore for January 2021 delivery on China’s Dalian Commodity Exchange plunged by 3.40% day-on-day to RMB 824.50 per tonne, after nosediving from a high opening. The steel rebar contract on the Shanghai …
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 US (KS): +1 813 …
Continue reading “Oil and Ore Intraday Morning Technical 9/9/20”
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 US (KS): +1 813 …
Verdict – Short-term bearish. DCE iron ore correct during the day, the current three days created lower highs. Each trading day ended with long upper shadows, indicating the marginal power is diminishing for new buyers. Hourly MACD created lower dead cross. Hourly slow stochastic KD is also creating lower dead cross. Technical signals are indicating …
Continue reading “Iron Ore DCE January Daily Technical Review Sep 9th”
Ferrous Market – Australia Walcott Pier #1&2, 5&6 maintenance total impact 990,000 tonnes of iron ore delivery this week. Geraldton Pier 5 potential decrease delivery because of sea wave. Brazil Tubarao, PDM total delivery impact arround 910,000 tonnes. – MySteel 45 port iron ore arrivals at 23.99 million tonnes down 558,000 tonnes w-o-w. Northern 6 …
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 US (KS): +1 813 …
