Industrial Investment: Major Product Technology Updates2018.11.07

Industrial Investment: Major Product Technology Updates2018.11.07
(source:Trading Central)
2018year11month7day
(Note:***=strong **=secondary *=Fatigue)
EUR/USD
turning point: 1.1410
Trading strategy: stay 1.1410Above, bullish, target price is 1.1455, and then 1.1475。
Alternative strategy: stay 1.1410Below, bearish, with a target price set at1.1390, and then 1.1370。
Technical comments: 1.1410A supporting bottom is formed nearby, which will bring stability to the trend in the short term.
Support and resistance levels:
1.1500
1.1475
1.1455
1.1419Closing price
1.1410
1.1390
1.1370
USD/JPY
turning point: 113.30
Trading strategy: stay 113.30Above, bullish, target price is 113.75, and then 114.00。
Alternative strategy: stay 113.30Below, bearish, with a target price set at 113.10 , and then 112.95。
Technical comments: RSITechnical indicators show a further upward trend.
Support and resistance levels:
114.25
114.00
113.75
113.56Closing price
113.30
113.10
112.95
GBP USD
turning point: 1.3065
Trading strategy: stay 1.3065Above, bullish, target price is 1.3130, and then1.3155。
Alternative strategy: stay1.3065Below, bearish, target price is 1.3030 , and then 1.2970。
Technical comments: 1.3065A supporting bottom is formed nearby, which will bring stability to the trend in the short term.
Support and resistance levels:
1.3185
1.3155
1.3130
1.3097Closing price
1.3065
1.3030
1.2970
U.S.Acrude oil
turning point:62.50
Trading strategy: stay 62.50Below, bearish, target price is61.30, and then60.70。
Alternative strategy: stay 62.50Above, bullish, target price set at 63.30, and then 63.90。
Technical comments: RSITechnical indicators are bearish and there is room for further decline.
Support and resistance levels:
63.90
63.30
62.50
61.79Closing price
61.30
60.70
59.60
Brent crude oil
turning point:72.35
Trading strategy: stay 72.35Below, bearish, target price is71.15, and then70.50。
Alternative strategy: stay 72.35Above, bullish, target price set at 73.30, and then74.10。
Technical Review:RSITechnical indicators are bearish and have a further downward trend.
Support and resistance levels:
74.10
73.30
72.35
71.65Closing price
71.15
70.50
69.45
gold
turning point: 1230.25
Trading strategy: stay 1230.25Below, bearish, target price is 1223.25, and then 1220.00。
Alternative strategy: stay 1230.25Above, bullish, target price set at 1233.00, and then1236.50。
Technical comments: From a technical perspective,RSITechnical indicators50%Below the neutral area.
Support and resistance levels:
1236.50
1233.00
1230.25
1227.82Closing price
1223.25
1220.00
1217.00
silver
turning point: 14.62
Trading strategy: stay 14.62Below, bearish, target price is 14.45, and then 14.36。
Alternative strategy: stay 14.62Above, bullish, target price set at 14.71, and then 14.82。
Technical comments: RSIThe operating trend of technical indicators is complex and tends to decline.
Support and resistance levels:
14.82
14.71
14.62
14.52Closing price
14.45
14.36
14.27