Category archives: Technical Reports

Iron Ore DCE September Daily Technical Review 09/05/22

Verdict – Short-term neutral to bearish.   DCE iron ore September contract tanked during the first few minutes this morning however resisted by 796.0- 800.0 area. Hour CCI rebounded from bearish territory temproraly to a neutral area. Hourly slow stochastic KD potentially create gold cross in oversold area. New sellers built positions in iron ore …

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Iron Ore DCE September Daily Technical Review 06/05/22

Verdict – Short-term neutral to bearish.   DCE iron ore September contract tested important resistance level in 883.0- 884.5, rejected and corrected massively after then. As a result, 883.0 – 884.5 was still a major resistance area for iron ore. It is worth noting that iron ore aggregated open interest increased by 5% during the …

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