Category archives: Technical Reports

Iron Ore DCE September Daily Technical Review 12/05/22

Verdict – Short-term neutral.   DCE iron ore September contract fell into the correction tunnel during the day. Hourly candles indicated that iron ore has created three lower highs and two lower lows from April 19th. If breaking through major support from 783.0- 800.0 area, iron ore potentially testing periodic low. Otherwise, iron ore would …

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Iron Ore DCE September Daily Technical Review 11/05/22

Verdict – Short-term neutral.   DCE iron ore September contract rebounded and ended the previous correction after broke through the important resistance at 783.0 and made it to a support. The 783.0 level has been support and resistance level for many times. Hourly MACD created gold cross. Slow stochastic KD rebounded significantly. Hourly CCI reached …

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