Industrial Investment: Major Product Technology Updates2018.05.31

Industrial Investment: Major Product Technology Updates2018.05.31
(source:Trading Central)
2018year5month31day
EUR/USD
turning point: 1.1620
Trading strategy: stay 1.1620 Above, bullish, target price is 1.1675 , and then 1.1730 。
Alternative strategy: stay 1.1620Below, bearish, with a target price set at 1.1590, and then 1.1550。
Technical comments: From a technical perspective,RSITechnical indicators50%Above the neutral area.
Support and resistance levels:
1.1770
1.1730
1.1675
1.1658 Closing price
1.1620
1.1590
1.1550
USD/JPY
turning point: 109.10
Trading strategy: stay 109.10 Below, bearish, target price is 108.05 , and then 107.70。
Alternative strategy: stay 109.10 Above, bullish, target price set at 109.45 , and then 109.75。
Technical comments: Its immediate trend remains downward with strong momentum.
Support and resistance levels:
109.75
109.45
109.10
108.58Closing price
108.05
107.70
107.40
GBP USD
turning point: 1.3255
Trading strategy: stay 1.3255Above, bullish, target price is 1.3300 , and then 1.3340。
Alternative strategy: stay 1.3255Below, bearish, with a target price set at 1.3225 , and then 1.3200。
Technical comments: RSITechnical indicators run upward.
Support and resistance levels:
1.3380
1.3340
1.3300
1.3292Closing price
1.3255
1.3225
1.3200
U.S.Acrude oil
turning point: 67.25
Trading strategy: stay 67.25Above, bullish, target price is 68.65, and then 69.45。
Alternative strategy: stay 67.25Below, bearish, with a target price set at 66.35, and then 65.80。
Technical comments: RSITechnical indicators are supported by their upward trend line.
Support and resistance levels:
70.60
69.45
68.65
68.00Closing price
67.25
66.35
65.80
Brent crude oil
turning point:76.10
Trading strategy: stay 76.10Above, bullish, target price is 78.15, and then 78.70。
Alternative strategy: stay 76.10Below, bearish, with a target price set at 75.60 , and then74.60。
Technical comments: RSITechnical indicators are supported by their upward trend line.
Support and resistance levels:
79.30
78.70
78.15
77.56Closing price
76.10
75.60
74.60
gold
turning point: 1295.75
Trading strategy: stay 1295.75Above, bullish, target price is 1304.50, and then 1307.75。
Alternative strategy: stay 1295.75Below, bearish, with a target price set at 1292.25 , and then1287.50。
Technical comments: RSITechnical indicators are supported by their upward trend line.
Support and resistance levels:
1311.00
1307.75
1304.25
1301.19Closing price
1295.75
1292.25
1287.50
silver
turning point: 16.38
Trading strategy: stay 16.38Above, bullish, target price is 16.56 , and then 16.63。
Alternative strategy: stay 16.38Below, bearish, with a target price set at 16.29, and then 16.24。
Technical comments: RSIThe technical indicators are bullish and there is a further upward trend.
Support and resistance levels:
16.71
16.63
16.56
16.48Closing price
16.38
16.29
16.24