Tag archives: IO

A Room with a Technical View 12/12/22

Oil Feb 23 Futures – Technically bearish last week, the rejection of the trend resistance warned that the USD 80.61 low could be tested and broken, with a potential near-term downside target at USD 77.66. The futures continued to move lower, with price trading to a low of USD 75.11, before moving higher on an …

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Derivatives Factsheet – November 2022

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

Iron Ore DCE May23 Daily Technical Review 12/12/22

Verdict – Short-term neutral to bearish. DCE iron ore May23 contract retreated back to slight bearish trend after rejected by 823.5 and 808.5 respectively. If a breakdown on 800.0, iron ore potentially accelerate the intraday correction in next few sessions. Hourly MACD widened below bearish territory. Hourly slow stochastic KD reached oversold area after created …

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Daily Virtual Steel Mill Report 12/12/22

Market Verdict on Iron Ore： • Neutral.   Macro: • IMF predicted the global economy growth rate at 2.7% in 2023, there was 25% probability that the growth rate would be lower than 2%. IMF predicted that at least 1/3 of the countries would fall into economic recession.   Iron Ore Key Indicators: • Platts62 …

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