Category archives: Technical Reports

Iron Ore DCE Sep Daily Technical Review 19/7/21

Verdict – Short-term neutral. DCE iron ore September tested low at important support area around 1209.0 and bounced back. Hourly slow stochastic KD potential to create gold cross. Hourly MACD potential to flatten below 0 axis. CCI created a rebound from bearish area. Technical signals were indicating neutral. The first support is 1209.0, the first …

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Iron Ore DCE Sep Daily Technical Review 15/7/21

Verdict – Short-term neutral. DCE iron ore September rebounded for the fourth day of the week, however the high of the day was still below major resistance level around 1152.0. Hourly MACD flattened. Hourly CCI corrected from the bullish area. Hourly slow stochastic KD rebounded slowly. Technical signals were indicating an exhaustion of the rebound. …

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