FEF1! I'm not a buyer, despite what the narritive is, China optimism, you can have it, not saying prices wont go up in the short term, but looking at real data on the ground its all a ploy, be careful, best of luck traders. :) G
AUDUSDTIO1! With the lack of demand from the Worlds Largest Consumer of Steel (China), Australia, being the #1 Exporter of Iron, #2 of Coal (main ingredients of Steel) I believe with the fall of Iron Ore prices, we will see the strength of AUD go with it.
TIO1! In the weekly chart, the price broke out from the last 3PTL buy line and the sell line is estimated to be around $80 based on the support line. There are indications of a potential up-trend forming. This up-trend will be confirmed if the price can successfully break out above the resistance at $130.
FEF1! I'm not a buyer, despite what the narritive is, China optimism, you can have it, not saying prices wont go up in the short term, but looking at real data on the ground its all a ploy, be careful, best of luck traders. :) G
