Iron Ore DCE May23 Daily Technical Review 09/03/22

Verdict – Short-term neutral. DCE iron ore May23 contract tested low and rebounded in late market. Iron ore was largely waiting for direction as expected in previous reports during this week. Hourly CCI entered bullish area. Hourly MACD flattened. Iron ore was moving in the range from 873.0 to 923.5. The first support is 873.0. …

Freight and Commodity Podcast 08/03/23 – Carbon EUA pricing, Shipping and Our New Consultancy

A discussion on the price dynamics of EUAs and how shippers can manage their carbon risk. With special guest, carbon markets and shipping expert Richard Stephenson.   Click Below to Listen:     Website – https://freightinvestorservices.com/fis-podcast/   Spotify – https://open.spotify.com/episode/6QFYgwvStlQTui173csh3c?si=SMUC5nCoTT2JmWwYcXCgLw   Itunes –https://podcasts.apple.com/gb/podcast/episode-121-08-03-2023-carbon-eua-pricing-shipping/id1507094242?i=1000603288600  

Iron Ore DCE May23 Daily Technical Review 08/03/22

Verdict – Short-term neutral. DCE iron ore May23 contract saw some exhaustion by testing high. In long-run the time window is not friendly to iron ore, since iron ore futures have rebounded over 4 months. Hourly slow stochastic KD created dead cross below overbought area. Hourly MACD narrowed in bullish territory. Hourly CCI approached overbought …