Industrial Investment: Major Product Technology Updates2016.12.12

Industrial Investment: Major Product Technology Updates2016.12.12

(source:Trading Central)

2016year12month12day

(Note:***=strong **=secondary *=Fatigue)

EUR/USD

Turning point:1.1150

Trading strategy:1.1150Below, bearish, target price is1.0450and1.0535。

Alternative strategy: in1.1150Above, bullish, target price is1.1365and1.1615。

Technical Review: Breaking through1.0450The position will trigger a drop to1.0280。

Support and resistance levels:

1.1615

1.1365

1.1150

1.0526 Closing price

1.0450

1.0280

1.0000

USD/JPY

Turning point:111.00

Trading strategy:111.00Above, bullish, target price is118.50, and then121.75。

Alternative strategy: in111.00Below, bearish, with a target price set at107.40, and then105.60。

Technical Review:RSIThe technical indicators are bullish and there is a further upward trend.

Support and resistance levels:

125.40

121.75

118.50

115.37Closing price

111.00

107.40

105.60

GBP USD

Turning point:1.2900

Trading strategy:1.2900Below, bearish, target price is1.2300, and then1.1940。

Alternative strategy: in1.2900Above, bullish, target price set at1.3500, and then1.4000。

Technical Review:RSITechnical indicators lack upward momentum.

Support and resistance levels:

1.4000

1.3500

1.2900

1.2587 Closing price

1.2300

1.1940

1.1670

U.S.Acrude oil

Turning point:52.50

Trading strategy:52.50Above, bullish, target price is54.50and55.00。

Alternative strategy: in52.50Below, bearish, target price is51.50and50.90。

Technical Review:RSITechnical indicators continue to rise.

Support and resistance levels:

56.00

55.00

54.50

53.79Closing price

52.50

51.50

50.90

Brent crude oil

Turning point:55.50

Trading strategy:55.50Above, bullish, target price is58.00and59.00。

Alternative strategy: in55.50Below, bearish, target price is54.40and53.75。

Technical Review:RSITechnical indicators run upward.

Support and resistance levels:

60.00

59.00

58.00

56.60 Closing price

55.50

54.40

53.75

gold

Turning point:1165.00

Trading strategy:1165.00Below, bearish, target price is1149.00, and then1143.00。

Alternative strategy: in1165.00Above, bullish, target price set at1172.00, and then1176.00。

Technical Review:RSITechnical indicators lack upward momentum.

Support and resistance levels:

1176.00

1172.00

1165.00

1155.00Closing price

1149.00

1143.00

1140.00

silver

Turning point:17.00

Trading strategy:17.00Below, bearish, target price is16.63, and then16.50。

Alternative strategy: in17.00Above, bullish, target price set at17.13, and then17.24。

Technical Review: RSITechnical indicators are bearish and have a further downward trend.

Support and resistance levels:

17.24

17.13

17.00

16.79Closing price

16.63

16.50

16.40