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FIS Technical – Aluminium Rolling 3 Month
FIS Technical – Aluminium Rolling 3 Month Some mixed signals in the Aluminium 3 month rolling contract. The trend is bearish with price below all key moving averages but a bullish divergence in a support zone would suggest that from a technical perspective although bearish at this point, it is not considered a technical sell.…
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Base Metals and Non-Ferrous Intraday Support and Resistance
Base Metals and Non-Ferrous Intraday Support and Resistance Base Metals and Non-Ferrous Intraday Support and Resistance Base Metals and Non-Ferrous Intraday Support and Resistance
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FIS Daily Ferrous Report
A rather static day for iron ore today after the big moves of the last couple of days, DCE stuck in the high 730′- low 720’s eventually to close at 728.5. Jun traded between 100-101 for most of the day, with Q3 trading 95.10-96.25. spreads came under a little bit of pressure, the Jun/Jul trading…
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Base Metals and Non-Ferrous Intraday Support and Resistance
Base Metals and Non-Ferrous Intraday Support and Resistance Base Metals and Non-Ferrous Intraday Support and Resistance Base Metals and Non-Ferrous Intraday Support and Resistance
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The iron ore bull charge continues – $100 mark reached and kept rising, June to 101.15
The iron ore bull charge continues, with DCE ramping up to 733, giving a little back to close at 728. The $100 mark was reached and kept on rising, Jun trading up to 101.15, trading 101.00 last. Q3 was active throughout the day, trading 94.85 up to 96.15. Further out the Cal20 traded at 82.00…
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FIS Daily Ferrous Report
– Iron ore prices remained above $100/mt on low inventories, as Platts assessed the 62% Fe Iron Ore Index at $101/dry mt CFR North China on Tuesday, up 60 cents/dmt from Friday. It was heard that the small-to-medium-sized mills were low on inventory and bought from port stocks to replenish inventory and meet production needs.…
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Base Metals and Non-Ferrous Intraday Support and Resistance
Base Metals and Non-Ferrous Intraday Support and Resistance Base Metals and Non-Ferrous Intraday Support and Resistance Base Metals and Non-Ferrous Intraday Support and Resistance
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FIS Ferrous Report
Another strong day for iron ore, the DCE closing just short of the highs at 717 having touched 719.5 just before the close. Jun traded 96.90 up the 98.50 whilst Q3 traded 92.35 up to 93.50. Spreads came under a little bit of downward pressure, Jun/Jul sold at 2.30 and 2.25, with Jun/Aug going through…
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FIS Technical – Copper Rolling 3 Month
While technically bearish there are signs of a momentum slowdown in Copper Rolling 3 Month via a small bullish divergence with the 21 period RSI. Upside moves that break fractal resistance at USD 6,143 would create a fresh market high indicating the technical picture is starting to firm. However, price is below the 200 period…
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Base Metals and Non-Ferrous Intraday Support and Resistance
Base Metals and Non-Ferrous Intraday Support and Resistance Base Metals and Non-Ferrous Intraday Support and Resistance Base Metals and Non-Ferrous Intraday Support and Resistance
