Industrial Investment: Major Product Technology Updates2018.11.22

Industrial Investment: Major Product Technology Updates2018.11.22
(source:Trading Central)
2018year11month22day
(Note:***=strong **=secondary *=Fatigue)
EUR/USD
turning point: 1.1375
Trading strategy: stay 1.1375Above, bullish, target price is 1.1405, and then 1.1425。
Alternative strategy: stay 1.1375Below, bearish, with a target price set at1.1355, and then 1.1320。
Technical comments: 1.1375A supporting bottom is formed nearby, which will bring stability to the trend in the short term.
Support and resistance levels:
1.1440
1.1425
1.1405
1.1390Closing price
1.1375
1.1355
1.1320
USD/JPY
turning point: 112.85
Trading strategy: stay 112.85Above, bullish, target price is 113.20, and then 113.40。
Alternative strategy: stay 112.85Below, bearish, with a target price set at 112.65 , and then 112.30。
Technical comments: Even if we cannot rule out the possibility of continuous adjustment, its duration should be limited.
Support and resistance levels:
113.65
113.40
113.20
113.00Closing price
112.85
112.65
112.30
GBP USD
turning point: 1.2815
Trading strategy: stay 1.2815Below, bearish, target price is 1.2760, and then1.2720。
Alternative strategy: stay1.2815Above, bullish, target price is 1.2850 , and then 1.2880。
Technical comments: fall drastically1.2760The position will trigger a drop to1.2720。
Support and resistance levels:
1.2880
1.2850
1.2815
1.2778Closing price
1.2760
1.2720
1.2700
U.S.Acrude oil
turning point:54.00
Trading strategy: stay 54.00Above, bullish, target price is55.10, and then55.85。
Alternative strategy: stay 54.00Below, bearish, with a target price set at 53.40, and then 52.80。
Technical comments: RSITechnical indicators lack downward momentum.
Support and resistance levels:
56.65
55.85
55.10
54.66Closing price
54.00
53.40
52.80
Brent crude oil
turning point:62.65
Trading strategy: stay 62.65Above, bullish, target price is63.95, and then64.50。
Alternative strategy: stay 62.65Below, bearish, with a target price set at 62.20, and then61.70。
Technical Review:62.65A supporting bottom is formed nearby, which will bring stability to the trend in the short term.
Support and resistance levels:
65.25
64.50
63.95
63.46Closing price
62.65
62.20
61.70
gold
turning point: 1222.00
Trading strategy: stay 1222.00Above, bullish, target price is 1230.00, and then 1233.50。
Alternative strategy: stay 1222.00Below, bearish, with a target price set at 1219.50, and then1216.50。
Technical comments: Even if we cannot rule out the possibility of continuous adjustment, its duration should be limited.
Support and resistance levels:
1236.00
1233.50
1230.00
1225.70Closing price
1222.00
1219.50
1216.50
silver
turning point: 14.35
Trading strategy: stay 14.35Above, bullish, target price is 14.59, and then 14.70。
Alternative strategy: stay 14.35Below, bearish, with a target price set at 14.28, and then 14.22。
Technical comments: Even if we cannot rule out the possibility of continuous adjustment, its duration should be limited.
Support and resistance levels:
14.82
14.70
14.59
14.48Closing price
14.35
14.28
14.22