Iron Ore Market Daily Report 20/11/23

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 20/11/23

Verdict- Neutral. DCE Jan24 contract rebounded, however currently maintained in the wide range box from 945.0 – 976.0 area. A breakthrough or breakdown on the range box would mean directional change in mid-run. In short-run, hourly MACD created gold cross. Hourly slow stochastic KD created gold cross and improved in neutral area. First support 945.0. …

Daily Virtual Steel Mill Report 20/11/23

Verdict: • Short-run Neutral.   Macro: • Some of the key decision maker of ECB indicated to avoid premature interest rate cut, because of the high inflation and rather mild impact on economy. • From November 19th to 23rd, there will be a regional heavy pollution weather process in Hebei, China. Environmental departments in Tangshan …

London Iron Ore Market Report 17/11/23

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 17/11/23

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 17/11/23

Verdict- Neutral to Bearish. DCE Jan24 contract corrected, thus the periodic high was confirmed at 995.0 for mid-run. Hourly MACD widened in bearish territory. Hourly slow stochastic KD was descending to lower level during the past five trading days. The next resistance would be the last reversal level at 947.0. First support 947.0. First resistance …