Category archives: Technical Reports

Iron Ore DCE September Daily Technical Review 13/06/22

Verdict – Short-term bearish.   Iron ore corrected as expected from last week. Iron ore traded with expanding volume compared to late half of last week with some previous taking gains investors leaving market. Hourly MACD corrected below 0 axis. Hourly slow stochastic corrected in line with iron ore prices after the last dead cross …

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Iron Ore DCE September Daily Technical Review 10/06/22

Verdict – Short-term neutral to bearish.   Iron ore started to slowly head down after rejected on the strong resistance of 945- 948.0 during the week, DCE saw IO interest around two-year high. Maintaining the view from previous reports, it is hard to expect a big breakthrough given a limited amount of new buyers. Hourly …

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