Category archives: Technical Reports

Iron Ore DCE Sep Daily Technical Review 24/5/21

Verdict – Short-term neutral. DCE iron ore September contract created the lowest since April 16th, however recover most of losses in Asian session. The resistance on 1100 area was significant. Hourly slow stochastic KD created gold cross near oversold area. CCI created bullish divergence with iron ore price. Technical signals were indicating a slow down …

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Morning Report Tanker FFA 21/5/21

Technical Analysis: TD3C June 21 Futures (rolling front month) 21/05/21  https://freightinvestorservices.com/blog/td3c-june-21-futures-rolling-front-month-21-05-21/ News Headlines: Benchmark Oil Tanker Rates at 2-Week High, Turn Positive (Bloomberg) TD3C climbed 6.8% to WS 34.58, the biggest move since May 4th     Valero Used Jones Act Waiver for N.Y.-Bound Tanker (Bloomberg) Valero has applied its Jones Act waiver it received …

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Iron Ore DCE Sep Daily Technical Review 21/5/21

Verdict – Short-term bearish. DCE iron ore September contract struggled around 1111.0 level several times during the day and finally broke 1102.0, which was an important support level during the current two days. Hourly CCI went back into bearish area. Hourly MACD widened below 0 axis. Hourly KD softened after a dead cross above oversold …

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