Category archives: Technical Reports

Verdict – Short-term neutral to bullish.   DCE iron ore September recovered the loss from previous trading day, following the rebound of all commodities, after a clearly oversold sentiment priced-in the market over last week. If a breakthrough on 695.0, iron ore potentially maintain the fast rebounding. Otherwise, iron ore potentially enter a narrowing consolidation …

Continue reading “Iron Ore DCE September Daily Technical Review 18/07/22”

Verdict – Short-term neutral to bearish.   DCE iron ore September down , created the biggest single day drop since Jun 20th. The gap area from 677- 694.5 became the major resistance area. Hourly CCI slightly picked up approaching the boundary of neutral area. Technical signals were indicating a potential to test low in next …

Continue reading “Iron Ore DCE September Daily Technical Review 15/07/22”