Industrial Investment: Major Product Technology Updates2019.10.16

Industrial Investment: Major Product Technology Updates2019.10.16

(source:Trading Central)

2019year10month16day

euro/dollar

turning point: 1.1040

Trading strategy: stay 1.1040 Below, bearish, target price is 1.1015 , and then 1.1000 。

Alternative strategies: stay 1.1040 On the upside, the target price is set at 1.1050 , and then 1.1065。

Technical comments: RSITechnical indicators lack momentum for growth

Support and resistance levels:

1.1065

1.1050

1.1040

1.1027 Closing price

1.1015

1.1000

1.0990

dollar/Japanese yen

turning point: 108.90

Trading strategy: stay 108.90 Below, bearish, target price is 108.40 , and then 108.10 。

Alternative strategies: stay 108.90 On the upside, the target price is set at 109.10 , and then 109.30。

Technical comments: Its immediate trend remains downward with strong momentum.

Support and resistance levels:

109.30

109.10

108.90

108.64 Closing price

108.40

108.10

107.85

pound/dollar

turning point: 1.2720

Trading strategy: stay 1.2720 Above, bullish, target price is 1.2800 , and then 1.2850 。

Alternative strategies: stay 1.2720 Next, look short. The target price is set at 1.2670 , and then 1.2620。

Technical comments: 1.2720A supporting bottom is formed nearby, which will bring stability to the trend in the short term.

Support and resistance levels:

1.2875

1.2850

1.2800

1.2749 Closing price

1.2720

1.2670

1.2620

beautifulcrude oil

turning point: 53.25

Trading strategy: stay 53.25 Below, bearish, target price is 52.70 , and then 52.40 。

Alternative strategies: stay 53.25 On the upside, the target price is set at 53.75 , and then 54.10。

Technical comments: As long as it still exists53.25There is a bearish trend in price fluctuations due to resistance levels.

Support and resistance levels:

54.10

53.75

53.25

52.95 Closing price

52.70

52.40

52.20

Brent crude oil?

turning point: 59.25

Trading strategy: stay 59.25 Below, bearish, target price is 58.60 , and then 58.30 。

Alternative strategies: stay 59.25 On the upside, the target price is set at 59.65 , and then 60.10。

Technical comments: RSIThe operating trend of technical indicators is complex and tends to decline.

Support and resistance levels:

60.10

59.65

59.25

58.91 Closing price

58.60

58.30

58.00

gold

turning point: 1488.50

Trading strategy: stay 1488.50 Below, bearish, target price is 1477.00 , and then 1474.00 。

Alternative strategies: stay 1488.50 On the upside, the target price is set at 1497.00 , and then 1503.00。

Technical comments: as long as1488.50The resistance level does not break through and falls down1477.00The risk of location is high.

Support and resistance levels:

1503.00

1497.00

1488.50

1482.80 Closing price

1477.00

1474.00

1469.00

silver

turning point: 17.50

Trading strategy: stay 17.50Below, bearish, target price is 17.32, and then 17.25。

Alternative strategies: stay 17.50 On the upside, the target price is set at 17.59, and then 17.68。

Technical comments: The rising space may be17.50Limited by resistance level.

Support and resistance levels:

17.68

17.59

17.50

17.43 Closing price

17.32

17.25

17.17