Industrial Investment: Major Product Technology Updates2019.02.21

Industrial Investment: Major Product Technology Updates2019.02.21

(source:Trading Central)

2019year2month21day

(Note:***=strong **=secondary *=Fatigue)

EUR/USD

turning point: 1.1370

Trading strategy: stay 1.1370Below, bearish, target price is 1.1325, and then 1.1295。

Alternative strategy: stay 1.1370Above, bullish, target price set at1.1390, and then 1.1410。

Technical comments: fall drastically1.1325The position will trigger a drop to1.1295。

Support and resistance levels:

1.1410

1.1390

1.1370

1.1338Closing price

1.1325

1.1295

1.1275

USD/JPY

turning point: 110.60

Trading strategy: stay 110.60Above, bullish, target price is 110.95, and then 111.15。

Alternative strategy: stay 110.60Below, bearish, target price is 110.45, and then 110.25。

Technical comments: 110.60A supporting bottom is formed nearby, which will bring stability to the trend in the short term.

Support and resistance levels:

111.30

111.15

110.95

110.74Closing price

110.60

110.45

110.25

GBP USD

turning point: 1.3065

Trading strategy: stay1.3065Below, bearish, target price is 1.3010, and then1.2980。

Alternative strategy: stay1.3065Above, bullish, target price is 1.3100, and then 1.3135。

Technical comments: fall drastically1.3010The position will trigger a drop to1.2980。

Support and resistance levels:

1.3135

1.3100

1.3065

1.3033Closing price

1.3010

1.2980

1.2940

U.S.Acrude oil

turning point:56.60

Trading strategy: stay 56.60Above, bullish, target price is58.00, and then58.40。

Alternative strategy: stay 56.60Below, bearish, with a target price set at 56.10, and then 55.65。

Technical comments: RSITechnical indicators show a further upward trend.

Support and resistance levels:

59.00

58.40

58.00

57.31Closing price

56.60

56.10

55.65

Brent crude oil

turning point:66.55

Trading strategy: stay 66.55Above, bullish, target price is67.75, and then68.05。

Alternative strategy: stay 66.55Below, bearish, with a target price set at 65.95, and then65.60。

Technical Review:RSITechnical indicators show a further upward trend.

Support and resistance levels:

68.75

68.05

67.75

67.13Closing price

66.55

65.95

65.60

gold

turning point: 1346.50

Trading strategy: stay 1346.50Below, bearish, target price is 1336.50, and then 1330.00。

Alternative strategy: stay 1346.50Above, bullish, target price set at 1350.00, and then1354.00。

Technical comments: RSIThe technical indicators show a further downward trend.

Support and resistance levels:

1354.00

1350.00

1346.50

1339.32Closing price

1336.50

1330.00

1322.50

silver

turning point: 16.10

Trading strategy: stay 16.10Below, bearish, target price is 15.94, and then 15.84。

Alternative strategy: stay 16.10Above, bullish, target price set at 16.14, and then 16.21。

Technical comments: RSIThe technical indicators continue to decline.

Support and resistance levels:

16.21

16.14

16.10

16.00Closing price

15.94

15.84

15.77