Industrial Investment: Major Product Technology Updates2017.02.20

Industrial Investment: Major Product Technology Updates2017.02.20
(source:Trading Central)
2017year2month20day
(Note:***=strong **=secondary *=Fatigue)
EUR/USD
Turning point:1.0850
Trading strategy:1.0850Below, bearish, target price is1.0510and1.0350。
Alternative strategy: in1.0850Above, bullish, target price is1.1150and1.1365。
Technical Review:RSITechnical indicators run downward.
Support and resistance levels:
1.1365
1.1150
1.0850
1.0616Closing price
1.0510
1.0350
1.0200
USD/JPY
Turning point:116.30
Trading strategy:116.30Below, bearish, target price is111.50, and then109.75。
Alternative strategy: in116.30Above, bullish, target price set at118.50, and then121.75。
Technical Review:RSITechnical indicators lack upward momentum.
Support and resistance levels:
121.75
118.50
116.30
112.86Closing price
111.50
109.75
107.40
GBP USD
Turning point:1.2230
Trading strategy:1.2230Above, bullish, target price is1.2750, and then1.3075。
Alternative strategy: in1.2230Below, bearish, with a target price set at1.1975, and then1.1670。
Technical review: Even if we cannot rule out the possibility of continuous adjustment, its duration should be limited.
Support and resistance levels:
1.3440
1.3075
1.2750
1.2421Closing price
1.2230
1.1975
1.1670
U.S.Acrude oil
Turning point:53.07
Trading strategy:53.07Above, bullish, target price is53.59and53.75。
Alternative strategy: in53.07Below, bearish, target price is52.88and52.67。
Technical Review:RSIThe operating trend of technical indicators is complex and tends to rise.
Support and resistance levels:
53.95
53.75
53.59
53.40Closing price
53.07
52.88
52.67
Brent crude oil
Turning point:53.00
Trading strategy:53.00Above, bullish, target price is59.60and62.70。
Alternative strategy: in53.00Below, bearish, target price is50.00and45.90。
Technical Review:RSITechnical indicators are supported by their upward trend line.
Support and resistance levels:
66.00
62.70
59.60
55.71Closing price
53.00
50.00
45.90
gold
Turning point:1180.00
Trading strategy:1180.00Above, bullish, target price is1278.00, and then1300.00。
Alternative strategy: in1180.00Below, bearish, with a target price set at1150.00, and then1122.00。
Technical Review:RSITechnical indicators show a further upward trend.
Support and resistance levels:
1342.00
1300.00
1278.00
1234.82Closing price
1180.00
1150.00
1122.00
silver
Turning point:16.60
Trading strategy:16.60Above, bullish, target price is19.00, and then19.50。
Alternative strategy: in16.60Below, bearish, with a target price set at16.10, and then15.65。
Technical Review:RSITechnical indicators tend to rise.
Support and resistance levels:
20.00
19.50
19.00
17.936Closing price
16.60
16.10
15.65