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Category archives: Uncategorized
Iron Ore DCE January24 Daily Technical Review 16/10/23
Verdict- Neutral to Bullish. DCE Jan24 contract rebounded as expected. Hourly slow stochastic reached overbought area. Hourly CCI reached bullish territory. Hourly MACD widened in bullish territory. First support 840.0. First resistance 881.5.
Base Morning Technical Report 16/10/23
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Supramax Nov 23 Morning Technical Comment – 240 Min 13/10/23
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Panamax Nov 23 Morning Technical Comment – 240 Min 13/10/23
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Capesize Nov 23 Morning Technical Comment – 240 Min 13/10/23
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Iron Ore Offshore Nov 23 Morning Technical Comment – 240 Min Chart 13/10/23
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Brent Dec 23 Morning Technical Comment – 240 Min 13/10/23
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Base Morning Technical Report 13/10/23
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Iron Ore DCE January24 Daily Technical Review 13/10/23
Verdict- Neutral to Bullish. DCE Jan24 contract rebounded as expected. Hourly slow stochastic was testing overbought area. Hourly MACD widened in bullish territory. In short-run, iron ore potentially extends the bullish sentiment. First support 832.5. First resistance 858.0.