Category archives: Uncategorized

Iron Ore DCE May Daily Technical Review 23/12/21

Verdict – Short-term neutral. DCE iron ore May22 contract tested low and recovered loss, as expected in previous two trading days, iron ore currently consolidate and neutral. The previous major support area fell into 670- 676, which support iron ore three times from December 16th. Iron ore potentially return to bullish if a breakthrough on …

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Iron Ore DCE May Daily Technical Review 22/12/21

Verdict – Short-term neutral. DCE iron ore May22 contract pushed high in night session however gave back all gains in the following day session, indicating a potential divergence on the market sentiments. Slow stochastic KD created dead cross near overbought boundary. Hourly CCI fell fast from bullish territory to bearish territory and created a bearish …

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Iron Ore DCE May Daily Technical Review 20/12/21

Verdict – Short-term neutral to bearish. DCE iron ore May22 contract corrected following the big correction of Shanghai equities and major industrial commodities. Iron ore was resisted twice over the past two trading days at 696.5- 698.5 area. If iron ore broke the 670.0 – 672.0 area, it potentially deepen correction to 645.0 area and …

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Capesize Technical Report ( A Positive Divergence on the Jan-22 Futures) 17/12/21

Please click below to view the report       For more information please contact FIS info@freightinvestor.com London +44 (0) 207 090 1120 Singapore +65 6535 5189 Dubai + 971 4 449 3900 Shanghai: +86 21 6335 4002 US (CT): +1 203 325 8004