IO Archives - Page 14 of 586

London Iron Ore Report 09/08/24

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

Singapore Iron Ore Report 09/08/24

Iron Ore DCE Jan25 Daily Technical Review 09/08/24

Verdict- Neutral. DCE iron ore consolidated and rebounded significantly this morning. Hourly MACD entered bullish territory. Hourly slow stochastic KD entered neutral area after a gold cross created in bearish territory. The next resistance level was 756.0, which was an area with massive trades historically. First support 727.5. First resistance 756.0.

Daily Virtual Steel Mill Report 09/08/24

Verdict: • Short-run Neutral. Macro: • US jobless claims down 17,000 to 233,000, refreshed biggest drop during the year, indicating a warm on job market. • China’s CPI in July increased by 0.5% year-on-year, est. 0.3%, last 0.2%. Iron Ore Key Indicators: • Platts62 $99.30, -1.30, MTD $102.03. IOS traded around $99.5 before …

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Iron Ore Offshore Sep 24 Morning Technical Comment – 240 Min Chart 09/08/24

European Close 08/08/24

London Iron Ore Report 08/08/24

Singapore Iron Ore Report 08/08/24

Iron Ore Offshore Sep 24 Morning Technical Comment – 240 Min Chart 08/08/24

Iron Ore DCE Jan25 Daily Technical Review 08/08/24

Verdict- Neutral to Bearish, testing support on 704.0. DCE iron ore corrected significantly during the day. Hourly MACD widened in bearish territory. Hourly slow stochastic KD entered bearish area. If iron ore broke important support at 704.0, the market should face huge downside risk. Otherwise iron ore potentially see mid-run level rebound. First support 704.0. …

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