Iron Ore DCE Sep Daily Technical Review 2/7/21

Verdict – Short-term neutral. DCE iron ore September contract tested low, however which was higher than the lower bound of consolidation range. Thus iron ore maintained in the consolidation range. Iron ore started to rebound during the last two hours, however volume was small. Iron ore technically consolidate in narrower range bounds. Hourly slow stochastic …

Iron Ore DCE Sep Daily Technical Review 1/7/21

Verdict – Short-term neutral. DCE iron ore September contract maintained consolidation within the range of 1135.0 – 1209.0 from June 23rd. From hourly chart, slow stochastic KD created dead cross near overbought area. MACD potentially create dead cross. Technical signals were indicating a potential testing low in the next trading session, however mid-run neutral. The …

FIS Castaway Podcast – Episode 61 30/06/21

    FIS Castaway Podcast – Episode 61 – Emissions Special   Emissions contracts, what are they good for? Absolutely everything. Alongside our usual market updates we delve into the world of carbon emissions with Alex Moore.   Listen Below:   Website https://freightinvestorservices.com/blog/fis-castaway-eps-61-emissions-special/   Spotify https://open.spotify.com/episode/7DgpPwGCmyxL4Vmh2j2u56?si=oOFD_MCfTUWc0HBKvHc24Q&dl_branch=1   iTunes https://podcasts.apple.com/gb/podcast/episode-61-emissions-special/id1507094242?i=1000527347421       Disclaimer: This podcast is a …

Iron Ore DCE Sep Daily Technical Review 30/6/21

Verdict – Short-term neutral. DCE iron ore September contract consolidated during the current two days. Currently box range from 1135.0- 1171.0. Hourly MACD potentially create gold cross. Hourly KD created gold cross above oversold area. CCI created bullish divergence with price. Technical signals were indicating a potential test high in the next session. The first …