Industrial Investment: Major Product Technology Updates2018.10.15

Industrial Investment: Major Product Technology Updates2018.10.15
(source:Trading Central)
2018year10month15day
(Note:***=strong **=secondary *=Fatigue)
EUR/USD
turning point: 1.1570
Trading strategy: stay 1.1570Below, bearish, target price is 1.1535 , and then 1.1515 。
Alternative strategy: stay 1.1570Above, bullish, target price set at 1.1590, and then 1.1610。
Technical comments: RSITechnical indicators are bearish and there is room for further decline.
Support and resistance levels:
1.1610
1.1590
1.1570
1.1546 Closing price
1.1535
1.1515
1.1470
USD/JPY
turning point: 111.90
Trading strategy: stay 111.90Above, bullish, target price is 112.35, and then 112.55。
Alternative strategy: stay 111.90Below, bearish, with a target price set at 111.60 , and then 111.30。
Technical comments: 111.90A supporting bottom is formed nearby, which will bring stability to the trend in the short term.
Support and resistance levels:
112.85
112.55
112.35
112.14Closing price
111.90
111.60
111.30
GBP USD
turning point: 1.3150
Trading strategy: stay 1.3150Below, bearish, target price is 1.3065 , and then1.3030。
Alternative strategy: stay1.3150Above, bullish, target price is 1.3185 , and then 1.3225。
Technical comments: RSIThe technical indicators have fallen below it30Location.
Support and resistance levels:
1.3225
1.3185
1.3150
1.3109Closing price
1.3065
1.3030
1.3000
U.S.Acrude oil
turning point:71.30
Trading strategy: stay 71.30Above, bullish, target price is72.70, and then73.60。
Alternative strategy: stay 71.30Below, bearish, with a target price set at 70.90, and then 70.50。
Technical comments: RSITechnical indicators are supported by their upward trend line.
Support and resistance levels:
74.00
73.60
72.70
72.11Closing price
71.30
70.90
70.50
Brent crude oil
turning point:80.50
Trading strategy: stay 80.50Above, bullish, target price is 82.40, and then83.20。
Alternative strategy: stay 80.50Below, bearish, with a target price set at 79.80, and then79.20。
Technical Review:RSITechnical indicators continue to rise.
Support and resistance levels:
83.70
83.20
82.40
81.52Closing price
80.50
79.80
79.20
gold
turning point: 1215.50
Trading strategy: stay 1215.50Above, bullish, target price is 1226.50, and then 1230.00。
Alternative strategy: stay 1215.50Below, bearish, with a target price set at 1210.50, and then1205.50。
Technical comments: RSITechnical indicators continue to rise.
Support and resistance levels:
1234.00
1230.00
1226.50
1220.11Closing price
1215.50
1210.50
1205.50
silver
turning point: 14.52
Trading strategy: stay 14.52Above, bullish, target price is 14.70, and then 14.77。
Alternative strategy: stay 14.52Below, bearish, with a target price set at 14.43, and then 14.34。
Technical comments: RSITechnical indicators are supported by their upward trend line.
Support and resistance levels:
14.83
14.77
14.70
14.63Closing price
14.52
14.43
14.34