Category archives: Uncategorized

Iron Ore DCE May23 Daily Technical Review 02/03/22

Verdict – Short-term neutral. DCE iron ore May23 contract inched up, however seeing exhaustion. Hourly MACD moved flat in bullish territory. Hourly slow stochastic KD entered overbought area. A breakthrough on 922.0 would bring iron ore back to bullish trend. Otherwise, iron ore potentially consolidate in current range from 883.0 – 922.0. The first support …

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Freight and Commodity Podcast 01/03/23

A summary of the fertilizer market in 2022, volume and volatility in the last few weeks and what’s next for the fertilizer market. A discussion on a new product due to be released this year and upcoming events. For more information, please send an email to ferts@freightinvestor.com.   Click Below to Listen:     Website …

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Iron Ore DCE May23 Daily Technical Review 01/03/22

Verdict – Short-term neutral. DCE iron ore May23 contract created significant rebound during the day. However gave back some gains during last hour. Hourly MACD created gold cross. Hourly CCI entered bullish territory. In short-run iron ore test the resistance from last high at 922.0. The first support is 873.0. The first resistance is 922.0 …

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