Industrial Investment: Major Product Technology Updates2018.11.08

Industrial Investment: Major Product Technology Updates2018.11.08
(source:Trading Central)
2018year11month8day
(Note:***=strong **=secondary *=Fatigue)
EUR/USD
turning point: 1.1455
Trading strategy: stay 1.1455Below, bearish, target price is 1.1405, and then 1.1390。
Alternative strategy: stay 1.1455Above, bullish, target price set at1.1475, and then 1.1500。
Technical comments: fall drastically1.1455As a bearish signal, the downward target will be1.1405。
Support and resistance levels:
1.1500
1.1475
1.1455
1.1433Closing price
1.1405
1.1390
1.1370
USD/JPY
turning point: 113.30
Trading strategy: stay 113.30Above, bullish, target price is 113.80, and then 114.00。
Alternative strategy: stay 113.30Below, bearish, with a target price set at 112.95 , and then 112.75。
Technical comments: RSITechnical indicators show a further upward trend.
Support and resistance levels:
114.20
114.00
113.80
113.60Closing price
113.30
112.95
112.75
GBP USD
turning point: 1.3170
Trading strategy: stay 1.3170Below, bearish, target price is 1.3105, and then1.3070。
Alternative strategy: stay1.3170Above, bullish, target price is 1.3200 , and then 1.3235。
Technical comments: RSITechnical indicators are bearish and there is room for further decline.
Support and resistance levels:
1.3235
1.3200
1.3170
1.3123Closing price
1.3105
1.3070
1.3030
U.S.Acrude oil
turning point:62.40
Trading strategy: stay 62.40Below, bearish, target price is61.20, and then60.30。
Alternative strategy: stay 62.40Above, 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
62.40
61.68Closing price
61.20
60.30
59.65
Brent crude oil
turning point:72.70
Trading strategy: stay 72.70Below, bearish, target price is71.15, and then70.55。
Alternative strategy: stay 72.70Above, bullish, target price set at 73.55, and then74.10。
Technical Review:RSITechnical indicators are bearish and have a further downward trend.
Support and resistance levels:
74.10
73.55
72.70
71.98Closing price
71.15
70.55
70.05
gold
turning point: 1229.00
Trading strategy: stay 1229.00Below, bearish, target price is 1223.00, and then 1218.50。
Alternative strategy: stay 1229.00Above, bullish, target price set at 1233.00, and then1236.50。
Technical comments: fall drastically1223.00The position will trigger a drop to1218.50。
Support and resistance levels:
1236.50
1233.00
1229.00
1225.00Closing price
1223.00
1218.50
1215.00
silver
turning point: 14.65
Trading strategy: stay 14.65Below, bearish, target price is 14.46, and then 14.37。
Alternative strategy: stay 14.65Above, bullish, target price set at 14.71, and then 14.80。
Technical comments: As long as it still exists14.65Resistance level, looking forward to returning to14.46。
Support and resistance levels:
14.80
14.71
14.65
14.55Closing price
14.46
14.37
14.28