Industrial Investment: Major Product Technology Updates2020.08.12

Industrial Investment: Major Product Technology Updates2020.08.12

(source:Trading Central)

2020year8month12day

euro/dollar

turning point: 1.1775

Trading strategy: stay 1.1775 Below, bearish, target price is 1.1720 , and then 1.1695 。

Alternative strategies: stay 1.1775 On the upside, the target price is set at 1.1800 , and then 1.1820。

Technical comments: fall drastically1.1720The position will trigger a drop to1.1695。

Support and resistance levels:

1.1820

1.1800

1.1775

1.1738 Closing price

1.1720

1.1695

1.1550

pound/dollar

turning point: 1.3080

Trading strategy: stay 1.3080 Below, bearish, target price is 1.3030 , and then 1.3010 。

Alternative strategies: stay 1.3080 On the upside, the target price is set at 1.3100 , and then 1.3130。

Technical comments: fall drastically1.3080As a bearish signal, the downward target will be1.3030。

Support and resistance levels:

1.3130

1.3100

1.3080

1.3050 Closing price

1.3030

1.3010

1.2985

dollar/Japanese yen

turning point: 106.25

Trading strategy: stay 106.25 Above, bullish, target price is 106.70 , and then 106.90 。

Alternative strategies: stay 106.25 Next, look short. The target price is set at 105.95 , and then 105.70。

Technical comments: stay106.25Above is the multi head signal, and the upward target bit is106.70。

Support and resistance levels:

107.05

106.90

106.70

106.53 Closing price

106.25

105.95

105.70

beautifulcrude oil

turning point: 42.05

Trading strategy: stay 42.05 Below, bearish, target price is 41.15 , and then 40.80 。

Alternative strategies: stay 42.05 On the upside, the target price is set at 42.30 , and then 43.60。

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

Support and resistance levels:

43.60

42.30

42.05

41.62 Closing price

41.15

40.80

40.55

Brent crude oil

turning point: 45.00

Trading strategy: stay 45.00 Below, bearish, target price is 44.25 , and then 43.70 。

Alternative strategies: stay 45.00 On the upside, the target price is set at 45.25 , and then 45.50。

Technical comments: RSITechnical indicators are bearish and there is room for further decline.

Support and resistance levels:

45.50

45.25

45.00

44.54 Closing price

44.25

43.70

42.50

gold

turning point: 1908.00

Trading strategy: stay 1908.00 Below, bearish, target price is 1860.00 , and then 1840.00 。

Alternative strategies: stay 1908.00 On the upside, the target price is set at 1929.00 , and then 1951.00。

Technical comments: RSIThe technical indicators have fallen below it30Location.

Support and resistance levels:

1951.00

1929.00

1908.00

1881.26 Closing price

1860.00

1840.00

1819.00

silver

turning point: 25.95

Trading strategy: stay 25.95 Below, bearish, target price is 24.70 , and then 24.00 。

Alternative strategies: stay 25.95 On the upside, the target price is set at 26.75, and then 27.30。

Technical comments: RSITechnical indicators are bearish and there is room for further decline.

Support and resistance levels:

27.30

26.75

25.95

25.17 Closing price

24.70

24.00

23.20