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Tag archives: IO
Iron Ore Market Daily Report 25/02/22
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Iron Ore Offshore March 22 Morning Technical Comment – 240 Min Chart 25/02/22
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Iron Ore DCE May Daily Technical Review 25/2/22
Verdict – Short-term bearish. DCE iron ore May22 created a big correction during the day. As expected in the last report, iron ore was only weak rebound and re-entered the bearish tunnel. However the long lower shadow line on the daily candle indicated an exhaustion with an increasing volume. Hourly slow stochastic KD created gold …
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Daily DCE Review 25/2/22
Iron ore futures dropped on market uncertainty over military conflict in Ukraine that dampened market confidence. The futures of Dalian Commodity Exchange (DCE) for May delivery then dropped by 3.13% day-on-day or down RMB 22 to RMB 680.50/mt, during the day trading session on Friday. The rebar futures also dropped by 1.85% or down RMB …
European Close 24/02/22
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London Iron Ore Market Report 24/02/22
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Iron Ore Market Daily Report 24/02/22
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Iron Ore Offshore March 22 Morning Technical Comment – 240 Min Chart (Unchanged)
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Iron Ore DCE May Daily Technical Review 24/2/22
Verdict – Short-term neutral. DCE iron ore May22 closed with a doji. The trading range narrowed compared to yesterday. Hourly slow stochastic KD flattened. Hourly MACD flattened. Short-run technical was indicating a neutral sentiment. The first support is 682.0, the first resistance is 718.5