Tag archives: IO

Iron Ore DCE September Daily Technical Review 6/4/22

Verdict – Short-term neutral. DCE iron ore spiked over 4% during the day and gave back half of gains by closing. The current price movement potential exhausted by seeing MACD created a dead cross in higher area in hourly chart. Hourly slow stochastic KD also created dead cross in overbought area. Hourly CCI dropped from …

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A Room with a Technical View 04/04/22

Capesize May Futures- The futures roll has resulted in price making a new high, meaning the technical is now considered as bullish. However, price has opened on and failed to close above the daily 200-period MA, resulting in a technical pullback. The intraday futures have now entered neutral territory, the daily technical remains bullish above …

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