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Iron Ore DCE January Daily Technical Review 02/11/22

Verdict – Short-term neutral to bullish. DCE iron ore January contract consolidated to close with a doji today. Hourly slow stochastic KD created dead cross below overbought area. Hourly CCI fell to neutral area from bullish territory. However the trend line indicated the periodic rebound should last for more sessions. The first support is 618.0. …

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A Room with a Technical View 31/10/22

Oil December Futures – We noted on the last report that the futures were bullish but in a corrective phase with key near-term support at USD 90.57; a build in the aggregate open interest (AOI) suggested the market was building to the long side. The futures broke Fibonacci support but held the USD 86.35 fractal, …

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