Industrial Investment: Major Product Technology Updates2017.03.01

Industrial Investment: Major Product Technology Updates2017.03.01
(source:Trading Central)
2017year3month1day
(Note:***=strong **=secondary *=Fatigue)
EUR/USD
Turning point:1.0630
Trading strategy:1.0630Below, bearish, target price is1.0560and1.0540。
Alternative strategy: in1.0630Above, bullish, target price is1.0655and1.0680。
Technical Review:1.0630The resistance on the front line will limit the space for the exchange rate to rise.
Support and resistance levels:
1.0680
1.0655
1.0630
1.0580Closing price
1.0560
1.0540
1.0520
USD/JPY
Turning point:112.40
Trading strategy:112.40Above, bullish, target price is113.10, and then113.40。
Alternative strategy: in112.40Below, bearish, with a target price set at111.90, and then111.60。
Technical review: Even if we cannot rule out the possibility of continuous adjustment, its duration should be limited.
Support and resistance levels:
113.75
113.40
113.10
112.87Closing price
112.40
111.90
111.60
GBP USD
Turning point:1.2445
Trading strategy:1.2445Below, bearish, target price is1.2345, and then1.2310。
Alternative strategy: in1.2445Above, bullish, target price set at1.2475, and then1.2505。
Technical Review:RSITechnical indicators tend to decline.
Support and resistance levels:
1.2505
1.2475
1.2445
1.2375Closing price
1.2345
1.2310
1.2260
U.S.Acrude oil
Turning point:49.50
Trading strategy:49.50Above, bullish, target price is56.65and58.50。
Alternative strategy: in49.50Below, bearish, target price is47.36and44.70。
Technical Review:RSITechnical indicators are supported by their upward trend line.
Support and resistance levels:
61.70
58.50
56.65
54.11Closing price
49.50
47.36
44.70
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 supported by upward trend lines
Support and resistance levels:
66.00
62.70
59.60
55.85Closing price
53.00
50.00
45.90
gold
Turning point:1252.00
Trading strategy:1252.00Below, bearish, target price is1240.75, and then1235.50。
Alternative strategy: in1252.00Above, bullish, target price set at1255.70, and then1258.50。
Technical Review:RSITechnical indicators tend to decline.
Support and resistance levels:
1258.50
1255.70
1252.00
1245.62Closing price
1240.75
1235.50
1231.00
silver
Turning point:17.30
Trading strategy:17.30Above, bullish, target price is19.00, and then19.50。
Alternative strategy: in17.30Below, bearish, with a target price set at16.60, and then16.10。
Technical Review:RSIThe technical indicators tend to break through their downward trend line.
Support and resistance levels:
20.00
19.50
19.00
18.276Closing price
17.30
16.60
16.10