A Room with a Technical View 17/10/22

Capesize November Futures – Technically bearish last week on the break in the head and shoulders pattern below USD 14,750, the futures targeted the USD 11,125 and USD 8,575 support levels. The downside break has been followed by 4 days of consolidation, with price trading between USD 13,500 and USD 15,500. The futures are moving …

A Room with a Technical View 10/10/22

Capesize November Futures – The technical was bullish neutral last week, having held fractal support at USD 14,750. The futures had been moving higher, supported by an oversold stochastic alongside a neutral RSI; we highlighted key resistance at USD 18,917. Upside moves that failed at or below this level would leave the futures vulnerable to …

Freight and Commodity Podcast 05/10/22

In this week’s episode, we speak with the Head of the Shipbroking team and Director of Singapore Office Kim Klarmann about his thoughts on the physical freight market. We also spotlight the FFA market, geopolitical events, and market movements of our major freight and commodity markets.   Click Below to Listen:     Website – …

A Room with a Technical View 04/10/22

Capesize November Futures – The downside move in the futures has held at the USD 14,750 support meaning the technical remains bullish but with a neutral bias (the intraday technical is bearish). Upside moves that fail at or below USD 18,917 will leave the futures vulnerable to further tests to the downside; above this level, …