Tag archives: TR

Iron Ore DCE January Daily Technical Review 23/08/22

Verdict – Short-term neutral to bullish.   DCE iron ore January successfully breakthrough the important resistance at 700.0, which used to be a level to see the most market reversals since the contract listed. Thus, 700.0 level is also seen as an intra-day level support from now on. Hourly slow stochastic KD created gold cross …

Continue reading “Iron Ore DCE January Daily Technical Review 23/08/22”

A Room with a Technical View 15/08/22

Capesize September Futures – As highlighted last week, the futures remained technically bearish with the divergence failing, warning we had the potential to test the USD 11,625-USD 11,415 support zone if the intraday divergence failed. The price traded to a low of USD 10,950 before moving USD 1,000 higher. The futures remain technically bearish and …

Continue reading “A Room with a Technical View 15/08/22”