Category archives: Uncategorized

Iron Ore DCE Jan Daily Technical Review 30/8/21

Verdict – Short-term neutral. DCE iron ore January contract completed four Elliot waves from hourly chart. Currently confirming the fifth wave. A breakthrough on 874.0 would start a new round of fifth wave and potentially targeting above 900 level. Otherwise iron ore consolidation. A breakdown on 813.5 would indicate the end of last round of …

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Iron Ore DCE Jan Daily Technical Review 26/8/21

Verdict – Short-term neutral. DCE iron ore January contract reached 7 day high intra-market, however gave back most of gains. In general iron ore maintained oversold rebound this week. However 844.0 rejected iron six times from hourly chart, which was a strong resistance in short-run. Hourly candles created higher consolidation area, and proved a rebound …

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Tanker Morning Report 26/08/21

News Headlines:   OIL DAYBOOK EUROPE: Indian Jet Fuel Demand Climbs; U.S. Driving (Bloomberg)   People across India are taking to the skies after months stuck in their homes during a deadly Covid-19 wave, driving a spike in demand for jet fuel, the oil product hit hardest by the ongoing pandemic. Americans Keep Driving Despite …

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Iron Ore DCE Jan Daily Technical Review 25/8/21

Verdict – Short-term neutral. DCE iron ore January contract correct slightly during the day. Hourly stochastic KD created dead cross in the second hour of this Asian morning. CCI corrected for consecutive 6 hours. Hourly MACD also flattened. However daily MACD potentially create gold cross. The short-run and mid-run technical signals were conflicting at the …

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Fertilizer Market Report 24/08/21

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 US (FL): …

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Iron Ore DCE Jan Daily Technical Review 23/8/21

Verdict – Short-term neutral. DCE iron ore January contract gave back most of gains created by last Friday. Hourly MACD weakened. Hourly slow stochastic KD created dead cross below overbought area. Hourly CCI corrected to bearish area from bullish area fast. The short support 735.0 was strong, which used to create a market reversal. However …

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