Industrial Investment: Major Product Technology Updates2017.10.26

Industrial Investment: Major Product Technology Updates2017.10.26

2017.10.26

(source:Trading Central)

(Note:***=strong **=secondary *=Fatigue)

EUR/USD

Turning point:1.1780

Trading strategy:1.1780Above, bullish, target price is1.1840and1.1860。

Alternative strategy: in1.1780Below, bearish, target price is1.1750and1.1730。

Technical Review:RSIThe technical indicators are bullish and there is a further upward trend.

Support and resistance levels:

1.1880

1.1860

1.1840

1.1828Closing price

1.1780

1.1750

1.1730

USD/JPY

Turning point:113.95

Trading strategy:113.95Below, bearish, target price is113.20, and then112.85。

Alternative strategy: in113.95Above, bullish, target price set at114.25, and then114.50。

Technical Review:RSITechnical indicators are bearish and there is room for further decline.

Support and resistance levels:

114.50

114.25

113.95

113.42Closing price

113.20

112.85

112.40

GBP USD

Turning point:1.3225

Trading strategy:1.3225Above, bullish, target price is1.3295, and then1.3325。

Alternative strategy: in1.3225Below, bearish, with a target price set at1.3190, and then1.3160。

Technical Review:RSIIn terms of technical indicators, there is a new upward trend.

Support and resistance levels:

1.3375

1.3325

1.3295

1.3274Closing price

1.3225

1.3190

1.3160

gold

Turning point:1271.00

Trading strategy:1271.00Above, bullish, target price is1283.50, and then1286.00。

Alternative strategy: in1271.00Below, bearish, with a target price set at1267.00, and then1264.00。

Technical Review:RSI技术指标向上突破其下跌趋势线。

Support and resistance levels:

1291.00

1286.00

1283.50

1279.00Closing price

1271.00

1267.00

1264.00

silver

Turning point:16.80

Trading strategy:16.80Above, bullish, target price is17.05, and then17.14。

Alternative strategy: in16.80Below, bearish, with a target price set at16.72, and then16.62。

Technical Review:RSITechnical indicators are supported by their upward trend line.

Support and resistance levels:

17.21

17.14

17.05

16.94Closing price

16.80

16.72

16.62