Industrial Investment: Major Product Technology Updates2020.08.05

Industrial Investment: Major Product Technology Updates2020.08.05
(source:Trading Central)
2020year8month5day
euro/dollar
turning point: 1.1775
Trading strategy: stay 1.1775 Above, bullish, target price is 1.1820 , and then 1.1860 。
Alternative strategies: stay 1.1775 Next, look short. The target price is set at 1.1750 , and then 1.1720。
Technical comments: RSIThe technical indicators are bullish and there is a further upward trend.
Support and resistance levels:
1.1885
1.1860
1.1820
1.1808 Closing price
1.1775
1.1750
1.1720
pound/dollar
turning point: 1.3045
Trading strategy: stay 1.3045 Above, bullish, target price is 1.3105 , and then 1.3140 。
Alternative strategies: stay 1.3045 Next, look short. The target price is set at 1.3010 , and then 1.2980。
Technical comments: RSITechnical indicators show a further upward trend.
Support and resistance levels:
1.3170
1.3140
1.3105
1.3081 Closing price
1.3045
1.3010
1.2980
dollar/Japanese yen
turning point: 105.95
Trading strategy: stay 105.95 Below, bearish, target price is 105.25 , and then 105.00 。
Alternative strategies: stay 105.95 On the upside, the target price is set at 106.20 , and then 106.45。
Technical comments: RSITechnical indicators are bearish and have a further downward trend.
Support and resistance levels:
106.45
106.20
105.95
105.55 Closing price
105.25
105.00
104.80
beautifulcrude oil
turning point: 41.20
Trading strategy: stay 41.20 Above, bullish, target price is 42.05 , and then 42.55 。
Alternative strategies: stay 41.20 Next, look short. The target price is set at 40.95 , and then 40.50。
Technical comments: RSIThe operating trend of technical indicators is complex and tends to rise.
Support and resistance levels:
43.10
42.55
42.05
41.52 Closing price
41.20
40.95
40.50
Brent crude oil
turning point: 44.05
Trading strategy: stay 44.05 Above, bullish, target price is 44.80 , and then 45.20 。
Alternative strategies: stay 44.05 Next, look short. The target price is set at 43.65 , and then 43.25。
Technical comments: RSIThe operating trend of technical indicators is complex and tends to rise.
Support and resistance levels:
45.70
45.20
44.80
44.36 Closing price
44.05
43.65
43.25
gold
turning point: 2009.00
Trading strategy: stay 2009.00 Above, bullish, target price is 2031.00 , and then 2042.00 。
Alternative strategies: stay 2009.00 Next, look short. The target price is set at 2000.00 , and then 1985.00。
Technical comments: RSIThe operating trend of technical indicators is complex and tends to rise.
Support and resistance levels:
2057.00
2042.00
2031.00
2016.39 Closing price
2009.00
2000.00
1985.00
silver
turning point: 25.34
Trading strategy: stay 25.34 Above, bullish, target price is 26.30 , and then 26.85 。
Alternative strategies: stay 25.34 Next, look short. The target price is set at 24.95 , and then 24.70。
Technical comments: 25.34A supporting bottom is formed nearby, which will bring stability to the trend in the short term.
Support and resistance levels:
27.20
26.85
26.30
25.94 Closing price
25.34
24.95
24.70