Industrial Investment: Major Product Technology Updates2018.05.23

Industrial Investment: Major Product Technology Updates2018.05.23
(source:Trading Central)
2018year5month23day
(Note:***=strong **=secondary *=Fatigue)
EUR/USD
turning point: 1.1760
Trading strategy: stay 1.1760 Above, bullish, target price is 1.1795 , and then 1.1830 。
Alternative strategy: stay 1.1760Below, bearish, with a target price set at 1.1740, and then 1.1715。
Technical comments: RSITechnical indicators lack downward momentum.
Support and resistance levels:
1.1855
1.1830
1.1795
1.1780 Closing price
1.1760
1.1740
1.1715
USD/JPY
turning point: 110.90
Trading strategy: stay 110.90 Below, bearish, target price is 110.40 , and then 110.20。
Alternative strategy: stay 110.90 Above, bullish, target price set at 111.15 , and then 111.40。
Technical comments: Its immediate trend remains downward with strong momentum.
Support and resistance levels:
111.40
111.15
110.90
110.51Closing price
110.40
110.20
110.00
GBP USD
turning point: 1.3410
Trading strategy: stay 1.3410Above, bullish, target price is 1.3450 , and then 1.3490。
Alternative strategy: stay 1.3410Below, bearish, with a target price set at 1.3390 , and then 1.3350。
Technical comments: Even if we cannot rule out the possibility of continuous adjustment, its duration should be limited.
Support and resistance levels:
1.3520
1.3490
1.3450
1.3423Closing price
1.3410
1.3390
1.3350
U.S.Acrude oil
turning point: 72.65
Trading strategy: stay 72.65Below, bearish, target price is 71.85 , and then 71.55。
Alternative strategy: stay 72.65Above, bullish, target price set at 72.90, and then 73.25。
Technical comments: RSITechnical indicators are bearish and there is room for further decline.
Support and resistance levels:
73.25
72.90
72.65
72.03Closing price
71.85
71.55
71.30
Brent crude oil
turning point:79.85
Trading strategy: stay 79.85Below, bearish, target price is 78.60, and then 78.10。
Alternative strategy: stay 79.85Above, bullish, target price set at 80.50 , and then81.00。
Technical comments: RSIThe technical indicators show a further downward trend.
Support and resistance levels:
81.00
80.50
79.85
79.21Closing price
78.60
78.10
77.60
gold
turning point: 1287.75
Trading strategy: stay 1287.75Above, bullish, target price is 1296.00, and then 1301.50。
Alternative strategy: stay 1287.75Below, bearish, with a target price set at 1282.00 , and then1277.00。
Technical comments: RSITechnical indicators are bullish, with further room for improvement.
Support and resistance levels:
1306.00
1301.50
1296.00
1293.22Closing price
1287.75
1282.00
1277.00
silver
turning point: 16.44
Trading strategy: stay 16.44Above, bullish, target price is 16.67 , and then 16.75。
Alternative strategy: stay 16.44Below, bearish, with a target price set at 16.34, and then 16.24。
Technical comments: RSIThe operating trend of technical indicators is complex and tends to rise.
Support and resistance levels:
16.82
16.75
16.67
16.54Closing price
16.44
16.34
16.24