Category archives: Technical Reports

Iron Ore DCE May Daily Technical Review 18/3/22

Verdict – Short-term neutral. DCE iron ore May22 contract rebounded during the open over night session, however consolidate around 830.0 area for most of time in the day session. A breakthrough on 838.5 would indicate a new round of spike. Hourly CCI potentially drop from the bullish territory. Hourly slow stochastic KD flattened in an …

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Iron Ore DCE May Daily Technical Review 17/03/22

Verdict – Short-term neutral.   DCE iron ore May22 contract extended growth as expected yesterday. However the close was almost flat to the high open. DCE iron ore apparently entered a small round of consolidation, major trading area concentrated between 795.0 – 810.0 area. Hourly MACD narrowed above 0 axis. Hourly slow stochastic KD potentially …

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