Industrial Investment: Major Product Technology Updates2017.07.24

Industrial Investment: Major Product Technology Updates2017.07.24
(source:Trading Central)
2017year7month24day
(Note:***=strong**=secondary*=Fatigue)
EUR/USD
Turning point:1.1635
Trading strategy:1.1635Above, bullish, target price is1.1705and1.1730。
Alternative strategy: in1.1635Below, bearish, target price is1.1615and1.1585。
Technical Review:RSITechnical indicators are bullish, with further room for improvement.
Support and resistance levels:
1.1765
1.1730
1.1705
1.1667Closing price
1.1635
1.1615
1.1585
USD/JPY
Turning point:111.45
Trading strategy:111.45Below, bearish, target price is110.75, and then110.35。
Alternative strategy: in111.45Above, bullish, target price set at111.80, and then112.10。
Technical Review: Breaking through110.75有望跌至110.35。
Support and resistance levels:
112.10
111.80
111.45
110.85Closing price
110.75
110.35
110.00
GBP USD
Turning point:1.2960
Trading strategy:1.2960Above, bullish, target price is1.3030, and then1.3055。
Alternative strategy: in1.2960Below, bearish, with a target price set at1.2930, and then1.2900。
Technical Review:RSITechnical indicators run upward.
Support and resistance levels:
1.3085
1.3055
1.3030
1.3005Closing price
1.2960
1.2930
1.2900
U.S.Acrude oil
Turning point:46.10
Trading strategy:46.10Below, bearish, target price is45.48and45.18。
Alternative strategy: in46.10Above, bullish, target price is46.34and46.74。
Technical Review: Even if we cannot rule out the possibility of a sustained technical rebound, its duration should be limited.
Support and resistance levels:
46.74
46.34
46.10
45.74Closing price
45.48
45.18
44.82
Brent crude oil
Turning point:44.50
Trading strategy:44.50Above, bullish, target price is50.10and52.50。
Alternative strategy: in44.50Below, bearish, target price is41.50and39.00。
Technical Review:44.50The nearby support will bring stability to the short-term trend.
Support and resistance levels:
54.70
52.50
50.10
47.91Closing price
44.50
41.50
39.00
gold
Turning point:1251.00
Trading strategy:1251.00Above, bullish, target price is1258.30, and then1261.00。
Alternative strategy: in1251.00Below, bearish, with a target price set at1248.80, and then1245.50。
Technical Review:RSITechnical indicators are supported by their upward trend line.
Support and resistance levels:
1265.00
1261.00
1258.30
1256.90Closing price
1251.00
1248.00
1245.50
silver
Turning point:16.27
Trading strategy:16.27Above, bullish, target price is16.53, and then16.62。
Alternative strategy: in16.27Below, bearish, with a target price set at16.15, and then16.04。
Technical Review:RSITechnical indicators tend to rise.
Support and resistance levels:
16.73
16.62
16.53
16.43Closing price
16.27
16.15
16.04