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
Tag archives: IO
Iron Ore DCE January Daily Technical Review 06/09/22
Verdict – Short-term neutral. DCE iron ore January contract was rejected by important resistance at 700.0 for the second day. Thus iron ore potentially remain in the rangebound from 685.0- 700.0. Hourly MACD narrowed above 0 axis. Hourly CCI fell from overbought area to neutral area. Short-run technical signals were indicating an exhaustion on …
Continue reading “Iron Ore DCE January Daily Technical Review 06/09/22”
Daily Virtual Steel Mill Report 06/09/22
Market Verdict on Iron Ore: • Neutral to bullish. Macro • China PBOC decreased foreign reserve ratio from 8% to 6% to neutralise the depreciation risk on Chinese Yuan, which was the second time cut on this ratio within the year. • Chinese financial department statistics indicated that total debt issuance at 352 million …
Iron Ore Offshore October 22 Morning Technical Comment – 240 Min Chart 06/09/22
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
London Iron Ore Report 05/09/22
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
European Close 05/09/22
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
A Room with a Technical View 05/09/22
Capesize October Futures – The futures roll has resulted in the technical producing an upside gap due to the carry against the September futures. We have seen a couple of bullish days following the roll, resulting in price trading into the Fibonacci resistance zone; however, the upside move has failed to trade above the USD …
Singapore Iron Ore Derivatives Report 05/09/22
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 Offshore October 22 Morning Technical Comment – 240 Min Chart 05/06/22
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 January Daily Technical Review 05/09/22
Verdict – Short-term neutral to bullish. DCE iron ore January contract spiked and reversed the bearish sentiment during the day. However the intra-day high was resisted by major resistance level from 697.5-700.0. Hourly MACD widened above 0 axis. Hourly CCI was in bullish territory. Short-run technical signals were indicating a potential to test high …
Continue reading “Iron Ore DCE January Daily Technical Review 05/09/22”