Category archives: Technical Reports

Iron Ore DCE January Daily Technical Review 24/08/22

Verdict – Short-term neutral to bullish.   DCE iron ore January contract maintained bullish trend as expected. Although iron ore corrected massively this afternoon leading by the big slump of Asian equities, iron ore recovered all losses during last hour and still created higher highs and higher lows in the past three days. The market …

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Iron Ore DCE January Daily Technical Review 23/08/22

Verdict – Short-term neutral to bullish.   DCE iron ore January successfully breakthrough the important resistance at 700.0, which used to be a level to see the most market reversals since the contract listed. Thus, 700.0 level is also seen as an intra-day level support from now on. Hourly slow stochastic KD created gold cross …

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