Category archives: Technical Reports

Iron Ore DCE May Daily Technical Review 10/1/22

Verdict – Short-term neutral. DCE iron ore May22 contract corrected during the day. The short-run rebound in the afternoon session was resisted by hourly neckline at 704.5. In mid-run 720-725.5 area created a major resistance area. A further breakdown on 693.0 level would reverse iron ore into bearish trend. CCI entered a neutral area from …

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Morning Oil Report 10/01/22

At 10:13 am Singapore time (0213 GMT), the ICE March Brent futures contract was up 7 cents/b (0.09%) from the previous close at $81.82/b, after falling by close to 50 cents/b earlier in the morning.   China is currently battling another outbreak of COVID-19 infections across several states, with the latest being a cluster in …

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