Category archives: Technical Reports

Iron Ore DCE January Daily Technical Review 17/08/22

Verdict – Short-term neutral to bearish.   DCE iron ore January failed to extend the previous growth and went back to a descending tunnel. Daily MACD entered a bearish territory. Daily CCI entered a bearish territory. Iron ore potentially see oversold rebound in the next few sessions. However technical signals were indicating iron ore entered …

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Iron Ore DCE January Daily Technical Review 16/08/22

Verdict – Short-term neutral.   DCE iron ore January successfully broke the neckline level at 713.5 recovered most of loss from last trading day. Thus, iron ore return to neutral level. Hourly slow stochastic KD created a gold cross. Hourly MACD potentially create gold cross. Technical signals were indicating a neutral sentiment.   The first …

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