Tag archives: TR

Iron Ore DCE September Daily Technical Review 02/06/22

Verdict – Short-term neutral to bullish.   DCE iron ore September contract rebounded significantly with short position cut loss before the long weekends. Hourly MACD widened above 0 axis. Hourly slow stochastic KD widened above overbought area. Hourly CCI maintained in bullish territory. Be aware of the gains taking approaching listed high at 944.5 in …

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Iron Ore DCE September Daily Technical Review 01/06/22

Verdict – Short-term neutral.   DCE iron ore September refreshed new high, however the last two-day rebound was along with significant smaller rebound. Thus, the extension of bullish run needs to see massive changing hands in the next few sessions. Hourly techncial signals were starting to show bearish divergence with price movement. Hourly MACD narrowed …

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