Category archives: Technical Reports

Iron Ore DCE Sep Daily Technical Review 29/7/21

Verdict – Short-term neutral, slow down on correction. DCE iron ore September tested two months low at 1094.0 and rebounded fast before closing to recover partial loss. In general, the support around 1110- 1113.5 was strong even it was broken during the market, since price and volume went up to push price back quickly. A …

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Supramax August 21 Morning Technical Comment – 240 Min 28/07/21

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Iron Ore DCE Sep Daily Technical Review 28/7/21

Verdict – Short-term neutral. DCE iron ore September finally ended with a rebound almost cover the loss from last trading day. However the rebound with small volume was not strong enough to create a firm trend. Hourly MACD expanded above 0 axis. The lower support at 1100- 1103.5 provide strong rebound several times from early …

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