Industrial Investment: Major Product Technology Updates2018.10.17

Industrial Investment: Major Product Technology Updates2018.10.17
(source:Trading Central)
2018year10month17day
(Note:***=strong **=secondary *=Fatigue)
EUR/USD
turning point: 1.1595
Trading strategy: stay 1.1595Below, bearish, target price is 1.1565 , and then 1.1540 。
Alternative strategy: stay 1.1595Above, bullish, target price set at 1.1610, and then 1.1625。
Technical comments: fall drastically1.1565The position will trigger a drop to1.1540。
Support and resistance levels:
1.1625
1.1610
1.1595
1.1577 Closing price
1.1565
1.1540
1.1515
USD/JPY
turning point: 112.05
Trading strategy: stay 112.05Above, bullish, target price is 112.50, and then 112.75。
Alternative strategy: stay 112.05Below, bearish, with a target price set at 111.90 , and then 111.70。
Technical comments: RSITechnical indicators are bullish, with further room for improvement.
Support and resistance levels:
112.95
112.75
112.50
112.35Closing price
112.05
111.90
111.70
GBP USD
turning point: 1.3170
Trading strategy: stay 1.3170Above, bullish, target price is 1.3205 , and then1.3230。
Alternative strategy: stay1.3170Below, bearish, target price is 1.3140 , and then 1.3115。
Technical comments: 1.3170A supporting bottom is formed nearby, which will bring stability to the trend in the short term.
Support and resistance levels:
1.3260
1.3230
1.3205
1.3188Closing price
1.3170
1.3140
1.3115
U.S.Acrude oil
turning point:71.60
Trading strategy: stay 71.60Above, bullish, target price is72.70, and then73.10。
Alternative strategy: stay 71.60Below, bearish, with a target price set at 71.20, and then 70.85。
Technical comments: RSIThe technical indicators are bullish and there is a further upward trend.
Support and resistance levels:
73.60
73.10
72.70
72.05Closing price
71.60
71.20
70.85
Brent crude oil
turning point:80.70
Trading strategy: stay 80.70Above, bullish, target price is 82.00, and then82.80。
Alternative strategy: stay 80.70Below, 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
82.80
82.00
81.56Closing price
80.70
79.80
79.20
gold
turning point: 1229.50
Trading strategy: stay 1229.50Below, bearish, target price is 1223.00, and then 1219.00。
Alternative strategy: stay 1229.50Above, bullish, target price set at 1233.50, and then1236.00。
Technical comments: as long as1229.50The resistance level does not break through and falls down1223.00The risk of location is high.
Support and resistance levels:
1236.00
1233.50
1229.50
1225.50Closing price
1223.00
1219.00
1216.00
silver
turning point: 14.77
Trading strategy: stay 14.77Below, bearish, target price is 14.60, and then 14.51。
Alternative strategy: stay 14.77Above, bullish, target price set at 14.85, and then 14.91。
Technical comments: as long as14.7700The resistance level does not break through and falls down14.60The risk of location is high.
Support and resistance levels:
14.91
14.85
14.77
14.67Closing price
14.60
14.51
14.45