Tag archives: IO

Iron Ore Market Daily Report 24/11/23

Please click below to view the report     For more information please contact FIS info@freightinvestor.com London +44 (0) 207 090 1120 Singapore +65 6535 5189 Dubai + 971 4 449 3900 Shanghai: +86 21 6335 4002 US (CT): +1 203 325 8004 7-23.pdf” title=”Europe Africa Bunker Fuel Market Update 06-07-23″]

Iron Ore DCE January24 Daily Technical Review 24/11/23

Verdict- Neutral. DCE Jan24 contract walked in narrow range till the end of market spike supported by the bigger growth on DCE coking coal. Thus, hourly slow stochastic KD created gold cross in oversold area. Hourly CCI moved close to bullish territory. If a breakthrough on last high at 998.5, iron ore would re-enter bullish …

Continue reading “Iron Ore DCE January24 Daily Technical Review 24/11/23”

Daily Virtual Steel Mill Report 24/11/23

Verdict: • Short-run Neutral to Bearish.   Macro: • Citigroup expected the Bank of England to cut interest rates for the first time in August next year, later than previously expected in May, due to increased inflation risks and personal tax cuts. • The ecological and environmental protection inspection teams will started to supervise on …

Continue reading “Daily Virtual Steel Mill Report 24/11/23”

London Iron Ore Market Report 23/11/23

Please click below to view the report     For more information please contact FIS info@freightinvestor.com London +44 (0) 207 090 1120 Singapore +65 6535 5189 Dubai + 971 4 449 3900 Shanghai: +86 21 6335 4002 US (CT): +1 203 325 8004 7-23.pdf” title=”Europe Africa Bunker Fuel Market Update 06-07-23″]

Iron Ore Market Daily Report 23/11/23

Please click below to view the report     For more information please contact FIS info@freightinvestor.com London +44 (0) 207 090 1120 Singapore +65 6535 5189 Dubai + 971 4 449 3900 Shanghai: +86 21 6335 4002 US (CT): +1 203 325 8004 7-23.pdf” title=”Europe Africa Bunker Fuel Market Update 06-07-23″]

Iron Ore DCE January24 Daily Technical Review 23/11/23

Verdict- Neutral to Bearish. DCE Jan24 contract created two highs from 995.0 – 998.5. A breakdown on 960.0-963.0 would potentially trigger a mid-run level correction. Be aware of intra-day resistance at 980.0. A rejection on 980.0 would drive price movement towards 963.0 level. Hourly MACD widened in bearish territory. Hourly CCI returned to neutral area …

Continue reading “Iron Ore DCE January24 Daily Technical Review 23/11/23”