Industrial Investment: Major Product Technology Updates2018.11.16

Industrial Investment: Major Product Technology Updates2018.11.16
(source:Trading Central)
2018year11month16day
(Note:***=strong **=secondary *=Fatigue)
EUR/USD
turning point: 1.1305
Trading strategy: stay 1.1305Above, bullish, target price is 1.1360, and then 1.1400。
Alternative strategy: stay 1.1305Below, bearish, with a target price set at1.1275, and then 1.1250。
Technical comments: RSITechnical indicators show a further upward trend.
Support and resistance levels:
1.1425
1.1400
1.1360
1.1337Closing price
1.1305
1.1275
1.1250
USD/JPY
turning point: 113.30
Trading strategy: stay 113.30Above, bullish, target price is 113.70, and then 114.00。
Alternative strategy: stay 113.30Below, bearish, with a target price set at 113.10 , and then 112.95。
Technical comments: 113.30A supporting bottom is formed nearby, which will bring stability to the trend in the short term.
Support and resistance levels:
114.20
114.00
113.70
113.40Closing price
113.30
113.10
112.95
GBP USD
turning point: 1.2835
Trading strategy: stay 1.2835Below, bearish, target price is 1.2720, and then1.2685。
Alternative strategy: stay1.2835Above, bullish, target price is 1.2880 , and then 1.2950。
Technical comments: As long as it still exists1.2835There is a bearish trend in price fluctuations due to resistance levels.
Support and resistance levels:
1.2950
1.2880
1.2835
1.2788Closing price
1.2720
1.2685
1.2625
U.S.Acrude oil
turning point:55.80
Trading strategy: stay 55.80Above, bullish, target price is57.35, and then57.70。
Alternative strategy: stay 55.80Below, bearish, with a target price set at 55.20, and then 54.75。
Technical comments: Even if we cannot rule out the possibility of continuous adjustment, its duration should be limited.
Support and resistance levels:
58.30
57.70
57.35
56.50Closing price
55.80
55.20
54.75
Brent crude oil
turning point:65.80
Trading strategy: stay 65.80Above, bullish, target price is67.65, and then68.15。
Alternative strategy: stay 65.80Below, bearish, with a target price set at 65.00, and then64.60。
Technical Review:RSIThe operating trend of technical indicators is complex and tends to rise.
Support and resistance levels:
68.85
68.15
67.65
66.63Closing price
65.80
65.00
64.60
gold
turning point: 1208.00
Trading strategy: stay 1208.00Above, bullish, target price is 1217.50, and then 1221.50。
Alternative strategy: stay 1208.00Below, bearish, with a target price set at 1205.00, and then1202.00。
Technical comments: RSITechnical indicators continue to rise.
Support and resistance levels:
1226.00
1221.50
1217.50
1209.00Closing price
1208.00
1205.00
1202.00
silver
turning point: 14.16
Trading strategy: stay 14.16Above, bullish, target price is 14.38, and then 14.46。
Alternative strategy: stay 14.16Below, bearish, with a target price set at 14.09, and then 14.01。
Technical comments: RSITechnical indicators are bullish, with further room for improvement.
Support and resistance levels:
14.54
14.46
14.38
14.28Closing price
14.16
14.09
14.01