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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

  • FIS Technical – Capesize

    The index remains technically bullish but continues to show a bearish divergence with the 21 period RSI. Technically bullish but not a technical buy at this point due to slowing momentum and in need of a technical pullback if it is to continue its upward trend. The September futures have entered a corrective phase within…

  • Dry bulk FFA market: Freight market takes a Coffee break

    After weeks of spectacular hikes, the freight market has bowed down to the law of gravity and seen corrections across rates. This downhill movement was captured in the Baltic Dry Index (BDI) which reached 1,694 points on Thursday, 9 Aug 2018, after the peak of 1,773 reading seen on Monday, 6 Aug 2018.

  • Dry Bulk FFA market: Happy Days are here again

    The freight market continues to enjoy the summer hot weather with the Baltic Dry Index (BDI) surging toward a multi-year high.

  • Dry bulk FFA market: Baltic Dry Index rises to 7-months high

    The Baltic Dry Index (BDI) has seen strong movements throughout the week and rose to a 7-months high at 1,774 reading on Tuesday. Previously, the index reached that level back in mid-December 2017 at 1,743 and the surging BDI owed its bull run to the improvement of big ships’ freight rates such as the Capesizes…

  • New grain routes: back to the future for FFAs

    Anyone who has been trading the FFA market since its beginning will remember that grain routes were critical to the development of early liquidity and volumes.

  • Dry bulk FFA market: Big ships ride high

    After the final whistle was blown on the World Cup tournament, the Capesize market seemed to morph into an on-form goal scorer with sights set to cross the $25,000-mark in the Capesize 5 time charter average rates.

  • FIS Technical – Panamax

    FIS Technical – Panamax The Panamax index remains technically bullish, but upside momentum is now slowing down. Market pullbacks that close below 11,177 would be considered as deep and weaken the technical picture. The August futures are testing the key USD 12,039 support. Price action below this level would weaken bull technical and increase the…

  • It’s war (maybe)

    The oil market will be keeping a close eye on any talk of increased oil production that may flow out of the sidelines of the Trump-Putin meeting.

  • FIS Technical – Capesize

    The index remains technically bullish but is again in divergence with both the stochastic and RSI. Bullish above USD 22,122, however below USD 22,858 the pullback would be considered as deep and the technical picture weakening. The August futures have made new highs and should be regarded as technically bullish. A divergence on the stochastic…