Category archives: Technical Reports

Iron Ore DCE January Daily Technical Review 26/09/22

Verdict – Short-term neutral.   DCE iron ore January contract corrected and recovered loss during the day, closed with a doji. Houlry slow stochastic KD created gold cross above oversold area. Houlry MACD narrowed below 0 axis. Intra-day aggregated trading volume grew by 1/3. The 718.5 became important intra-day resistance.   The first support is …

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Iron Ore DCE January Daily Technical Review 23/09/22

Verdict – Short-term neutral to bullish.   DCE iron ore January contract corrected significantly during the last trading hour, gave back major gains from yesterday. Iron ore expected to consilidate in 700.0 – 728.0 range area in short-run. Hourly MACD narrowed above 0 axis. Hourly slow stochastic KD created dead cross below overbougt area. Hourly …

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