Industrial Investment: Major Product Technology Updates2019.05.08

Industrial Investment: Major Product Technology Updates2019.05.08
(source:Trading Central)
2019year5month8day
(Note:***=strong **=secondary *=Fatigue)
EUR/USD
turning point: 1.1170
Trading strategy: stay 1.1170Above, bullish, target price is 1.1205, and then 1.1220。
Alternative strategy: stay 1.1170Below, bearish, with a target price set at1.1155, and then 1.1145。
Technical comments: From a technical perspective,RSITechnical indicators50%Above the neutral area.
Support and resistance levels:
1.1240
1.1220
1.1205
1.1190Closing price
1.1170
1.1155
1.1145
USD/JPY
turning point: 110.50
Trading strategy: stay 110.50Below, bearish, target price is 110.00, and then 109.80。
Alternative strategy: stay 110.50Above, bullish, target price is 110.75, and then 110.95。
Technical comments: fall drastically110.50As a bearish signal, the downward target will be110.00。
Support and resistance levels:
110.95
110.75
110.50
110.25Closing price
110.00
109.80
109.70
GBP USD
turning point: 1.3085
Trading strategy: stay1.3085Below, bearish, target price is 1.3040, and then1.3025。
Alternative strategy: stay1.3085Above, bullish, target price is 1.3130, and then 1.3175。
Technical comments: At present, the index is facing challenges1.3085Challenges in the resistance zone.
Support and resistance levels:
1.3175
1.3130
1.3085
1.3069Closing price
1.3040
1.3025
1.2990
U.S.Acrude oil
turning point:61.95
Trading strategy: stay61.95Below, bearish, target price is61.00, and then60.65。
Alternative strategy: stay 61.95Above, bullish, target price set at62.50, and then 62.95。
Technical comments: As long as it still exists61.95Resistance level, looking forward to returning to61.00。
Support and resistance levels:
62.95
62.50
61.95
61.55Closing price
61.00
60.65
60.05
Brent crude oil
turning point:70.50
Trading strategy: stay 70.50Below, bearish, target price is69.50, and then69.00。
Alternative strategy: stay70.50Above, bullish, target price set at 70.90, and then71.30。
Technical Review: Even if we cannot rule out the possibility of a sustained technical rebound, its duration should be limited.
Support and resistance levels:
71.30
70.90
70.50
69.95Closing price
69.50
69.00
68.45
gold
turning point: 1280.75
Trading strategy: stay 1280.75Above, bullish, target price is 1288.50, and then 1291.00。
Alternative strategy: stay 1280.75Below, bearish, with a target price set at 1276.50, and then1272.50。
Technical comments: RSIThe technical indicators are bullish and there is a further upward trend.
Support and resistance levels:
1294.75
1291.00
1288.50
1282.53Closing price
1280.75
1276.50
1272.50
silver
turning point: 14.80
Trading strategy: stay 14.80Above, bullish, target price is 14.97, and then 15.07。
Alternative strategy: stay 14.80Below, bearish, with a target price set at 14.73, and then 14.64。
Technical comments: RSIThe operating trend of technical indicators is complex and tends to rise.
Support and resistance levels:
15.14
15.07
14.97
14.91Closing price
14.80
14.73
14.64