Industrial Investment: Major Product Technology Updates2018.12.05

Industrial Investment: Major Product Technology Updates2018.12.05
(source:Trading Central)
2018year12month5day
(Note:***=strong **=secondary *=Fatigue)
EUR/USD
turning point: 1.1360
Trading strategy: stay 1.1360Below, bearish, target price is 1.1315, and then 1.1300。
Alternative strategy: stay 1.1360Above, bullish, target price set at1.1380, and then 1.1410。
Technical comments: RSITechnical indicators are bearish and there is room for further decline.
Support and resistance levels:
1.1410
1.1380
1.1360
1.1334Closing price
1.1315
1.1300
1.1270
USD/JPY
turning point: 112.65
Trading strategy: stay 112.65Above, bullish, target price is 113.15, and then 113.40。
Alternative strategy: stay 112.65Below, bearish, with a target price set at 112.45 , and then 112.30。
Technical comments: RSITechnical indicators are bullish, with further room for improvement.
Support and resistance levels:
113.70
113.40
113.15
112.97Closing price
112.65
112.45
112.30
GBP USD
turning point: 1.2745
Trading strategy: stay 1.2745Below, bearish, target price is 1.2680, and then1.2660。
Alternative strategy: stay1.2745Above, bullish, target price is 1.2790 , and then 1.2820。
Technical comments: as long as1.2745The resistance level does not break through and falls down1.2680The risk of location is high.
Support and resistance levels:
1.2820
1.2790
1.2745
1.2708Closing price
1.2680
1.2660
1.2600
U.S.Acrude oil
turning point:53.65
Trading strategy: stay 53.65Below, bearish, target price is52.05, and then51.60。
Alternative strategy: stay 53.65Above, bullish, target price set at 54.55, and then 55.50。
Technical comments: RSIThe technical indicators continue to decline.
Support and resistance levels:
55.50
54.55
53.65
52.73Closing price
52.05
51.60
50.75
Brent crude oil
turning point:62.35
Trading strategy: stay 62.35Below, bearish, target price is60.60, and then59.85。
Alternative strategy: stay 62.35Above, bullish, target price set at 62.85, and then63.55。
Technical Review:RSIThe technical indicators show a further downward trend.
Support and resistance levels:
63.55
62.85
62.35
61.31Closing price
60.60
59.85
59.05
gold
turning point: 1239.50
Trading strategy: stay 1239.50Below, bearish, target price is 1232.00, and then 1228.00。
Alternative strategy: stay 1239.50Above, bullish, target price set at 1242.00, and then1244.50。
Technical comments: RSITechnical indicators run downward.
Support and resistance levels:
1244.50
1242.00
1239.50
1234.75Closing price
1232.00
1228.00
1223.00
silver
turning point: 14.54
Trading strategy: stay 14.54Below, bearish, target price is 14.34, and then 14.27。
Alternative strategy: stay 14.54Above, bullish, target price set at 14.65, and then 14.72。
Technical comments: RSITechnical indicators are bearish and there is room for further decline.
Support and resistance levels:
14.72
14.65
14.54
14.44Closing price
14.34
14.27
14.19