Iron Ore DCE Sep Daily Technical Review 4/6/21

Verdict – Short-term neutral. DCE iron ore September contract significantly narrowed the volatility during the current two days, after a failure to break periodic high at 1221.5. Hourly CCI was approaching bearish area. Hourly KD explored new room to correct. Hourly MACD widened at bearish territory. Short-run signals indicate potential to test low, however mid-run …

FIS Morning Report Tanker FFA 04-06-21

News Headlines: OIL DAYBOOK EUROPE: Saudis Increase Oil Prices for Asia; OPEC+ (Bloomberg) Saudi Arabia increased oil prices for customers in its main market of Asia by more than expected after Brent topped $70 a barrel and OPEC forecast global demand would outstrip supply over the rest of the year.     UN Urges Yemen’s …

Iron Ore DCE Sep Daily Technical Review 3/6/21

Verdict – Short-term neutral. DCE iron ore September contract created new high since May 20th and then give back half of the gains during the last two hours. Hourly MACD potential to create a dead cross. Hourly slow stochastic KD continuously create dead cross and moved away from overbought area. Houlry CCI also correct to …