FIS Technical – DCE Iron Ore Sep 20

FIS Technical – DCE Iron Ore Sep 20  The futures remain technically bullish having made a higher high in the market with price above the 8—21 period EMA’s. This is supported by the RSI which remains above 50, however the stochastic is in overbought territory To view the full report please click on the link   …

Iron Ore DCE September Daily Technical Review May 27th(Hourly Chart from Arp 3rd to May 27th)

Verdict – Short-term neutral. DCE iron ore tested low at 685.5 for three times and then rebound through Asian hours. However, from daily chart iron ore is walking on a correction tunnel. From hourly chart, CCI has rebounded. Slow stochastic KD created gold cross in Asian morning. Short-term potentially test high. The first support is …