Industrial Investment: Major Product Technology Updates2020.08.18

Industrial Investment: Major Product Technology Updates2020.08.18

(source:Trading Central)

2020year8month18day

euro/dollar

turning point: 1.1860

Trading strategy: stay 1.1860 Above, bullish, target price is 1.1900 , and then 1.1930 。

Alternative strategies: stay 1.1860 Next, look short. The target price is set at 1.1830 , and then 1.1805。

Technical comments: RSITechnical indicators are bullish, with further room for improvement.

Support and resistance levels:

1.1950

1.1930

1.1900

1.1890 Closing price

1.1860

1.1830

1.1805

pound/dollar

turning point: 1.3100

Trading strategy: stay 1.3100 Above, bullish, target price is 1.3150 , and then 1.3170 。

Alternative strategies: stay 1.3100 Next, look short. The target price is set at 1.3085 , and then 1.3070。

Technical comments: RSITechnical indicators are bullish, with further room for improvement.

Support and resistance levels:

1.3185

1.3170

1.3150

1.3130 Closing price

1.3100

1.3085

1.3070

dollar/Japanese yen

turning point: 106.05

Trading strategy: stay 106.05 Below, bearish, target price is 105.70 , and then 105.45 。

Alternative strategies: stay 106.05 On the upside, the target price is set at 106.20 , and then 106.40。

Technical comments: fall drastically105.70The position will trigger a drop to105.45。

Support and resistance levels:

106.40

106.20

106.05

105.77 Closing price

105.70

105.45

105.25

beautifulcrude oil

turning point: 42.30

Trading strategy: stay 42.30 Above, bullish, target price is 43.20 , and then 43.50 。

Alternative strategies: stay 42.30 Next, look short. The target price is set at 42.10 , and then 41.80。

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

Support and resistance levels:

43.80

43.50

43.20

42.74 Closing price

42.30

42.10

41.80

Brent crude oil?

turning point: 44.95

Trading strategy: stay 44.95 Above, bullish, target price is 45.60 , and then 45.80 。

Alternative strategies: stay 44.95 Next, look short. The target price is set at 44.75 , and then 44.55。

Technical comments: RSIIn terms of technical indicators, there is an upward trend.

Support and resistance levels:

46.00

45.80

45.60

45.25 Closing price

44.95

44.75

44.55

gold

turning point: 1966.00

Trading strategy: stay 1966.00 Above, bullish, target price is 1995.00 , and then 2015.00 。

Alternative strategies: stay 1966.00 Next, look short. The target price is set at 1956.00 , and then 1947.00。

Technical comments: RSITechnical indicators are bullish, with further room for improvement.

Support and resistance levels:

2030.00

2015.00

1995.00

1989.31 Closing price

1966.00

1956.00

1947.00

silver

turning point: 27.1000

Trading strategy: stay 27.10 Above, bullish, target price is 27.85 , and then 28.60 。

Alternative strategies: stay 27.10 Next, look short. The target price is set at 26.57, and then 26.27。

Technical comments: RSITechnical indicators run upward.

Support and resistance levels:

29.25

28.60

27.85

27.78 Closing price

27.10

26.57

26.27