Category archives: Products

Daily DCE Review 14/2/22

Iron ore futures continued to slide upon market fears of tougher and stringent checks on price information circulating in the market. The futures of Dalian Commodity Exchange (DCE) for May delivery then dropped by 6.84% day-on-day or down RMB 57 to RMB 776.50/mt, during the day trading session on Monday. The rebar futures also went …

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Iron Ore DCE May Daily Technical Review 14/2/22

Verdict – Short-term neutral. DCE iron ore May22 closed slight higher than the Friday closing, currently iron ore was trade between the narrow range of 761.5- 789.0. Hourly MACD narrowed below 0 axis. Hourly slow stochastic KD potentially create gold cross above oversold area. Hourly CCI entered neutral area. Daily technical signals were indicating a …

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