Tag archives: TR

Iron Ore DCE September Daily Technical Review 14/07/22

Verdict – Short-term neutral to bearish.   DCE iron ore September closes lower than yesterday, however settlement price was slightly higher than yesterday. Iron ore prices was snapped by the significant new sellers entering during the last ten minutes. Intra-day correction tested strong support around 603 – 703.5. A breakdown on this area would potentially …

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Iron Ore DCE September Daily Technical Review 13/07/22

Verdict – Short-term neutral.   DCE iron ore September slumped yesterday however recovered most losses during the day. Thus, maintain neutral in short-run. The effective support area range from 693.0 – 703.5 have created four reversals within the previous four weeks. The resistance in 786.0 was strong as well, which used to be the upper …

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