Industrial Investment: Major Product Technology Updates2018.10.19

Industrial Investment: Major Product Technology Updates2018.10.19
(source:Trading Central)
2018year10month19day
(Note:***=strong **=secondary *=Fatigue)
EUR/USD
turning point: 1.1490
Trading strategy: stay 1.1490Below, bearish, target price is 1.1425, and then 1.1400 。
Alternative strategy: stay 1.1490Above, bullish, target price set at1.1525, and then 1.1545。
Technical comments: fall drastically1.1490As a bearish signal, the downward target will be1.1425。
Support and resistance levels:
1.1545
1.1525
1.1490
1.1458 Closing price
1.1425
1.1400
1.1370
USD/JPY
turning point: 112.40
Trading strategy: stay 112.40Below, bearish, target price is 112.10, and then 111.95。
Alternative strategy: stay 112.40Above, bullish, target price set at 112.60 , and then 112.75。
Technical comments: The rising space may be112.40Limited by resistance level.
Support and resistance levels:
112.75
112.60
112.40
112.30Closing price
112.10
111.95
111.70
GBP USD
turning point: 1.3075
Trading strategy: stay 1.3075Below, bearish, target price is 1.3000 , and then1.2950。
Alternative strategy: stay1.3075Above, bullish, target price is 1.3110 , and then 1.3140。
Technical comments: fall drastically1.3000The position will trigger a drop to1.2950。
Support and resistance levels:
1.3140
1.3110
1.3075
1.3023Closing price
1.3000
1.2950
1.2900
U.S.Acrude oil
turning point:68.50
Trading strategy: stay 68.50Above, bullish, target price is69.20, and then69.60。
Alternative strategy: stay 68.50Below, bearish, with a target price set at 68.20, and then 67.80。
Technical comments: 68.50A supporting bottom is formed nearby, which will bring stability to the trend in the short term.
Support and resistance levels:
70.30
69.60
69.20
68.80Closing price
68.50
68.20
67.80
Brent crude oil
turning point:79.20
Trading strategy: stay 79.20Above, bullish, target price is79.55, and then80.00。
Alternative strategy: stay 79.20Below, bearish, with a target price set at 78.70, and then78.25。
Technical Review:RSIThe technical indicators have broken through their downward trend line upwards.
Support and resistance levels:
80.45
80.00
79.55
79.35Closing price
79.20
78.70
78.25
gold
turning point: 1222.00
Trading strategy: stay 1222.00Above, bullish, target price is 1230.00, and then 1233.00。
Alternative strategy: stay 1222.00Below, bearish, with a target price set at 1218.50, and then1216.00。
Technical comments: RSIThe technical indicators have broken through their downward trend line upwards.
Support and resistance levels:
1237.00
1233.00
1230.00
1226.13Closing price
1222.00
1218.50
1216.00
silver
turning point: 14.51
Trading strategy: stay 14.51Above, bullish, target price is 14.66, and then 14.72。
Alternative strategy: stay 14.51Below, bearish, with a target price set at 14.43, and then 14.33。
Technical comments: RSIThe technical indicators have broken through their downward trend line upwards.
Support and resistance levels:
14.78
14.72
14.66
14.57Closing price
14.51
14.43
14.33