Industrial Investment: Major Product Technology Updates2017.01.12

Industrial Investment: Major Product Technology Updates2017.01.12
(source:Trading Central)
2017year1month12day
(Note:***=strong **=secondary *=Fatigue)
EUR/USD
Turning point:1.0560
Trading strategy:1.0560Above, bullish, target price is1.0605and1.0620。
Alternative strategy: in1.0560Below, bearish, target price is1.0540and1.0510。
Technical Review:RSIThere is room for further improvement in technical indicators.
Support and resistance levels:
1.0640
1.0620
1.0605
1.0587Closing price
1.0560
1.0540
1.0510
USD/JPY
Turning point:115.65
Trading strategy:115.65Below, bearish, target price is114.55, and then114.20。
Alternative strategy: in115.65Above, bullish, target price set at116.00, and then116.35。
Technical Review:RSITechnical indicators lack upward momentum.
Support and resistance levels:
116.35
116.00
115.65
115.02Closing price
114.55
114.20
114.00
GBP USD
Turning point:1.2160
Trading strategy:1.2160Above, bullish, target price is1.2220, and then1.2250。
Alternative strategy: in1.2160Below, bearish, with a target price set at1.2130, and then1.2095。
Technical Review:1.2160The strong support nearby will bring stability to the short-term trend.
Support and resistance levels:
1.2275
1.2250
1.2220
1.2176Closing price
1.2160
1.2130
1.2095
U.S.Acrude oil
Turning point:51.70
Trading strategy:51.70Above, bullish, target price is52.80and53.30。
Alternative strategy: in51.70Below, bearish, target price is51.35and50.70。
Technical Review:RSITechnical indicators tend to rise.
Support and resistance levels:
53.65
53.30
52.80
52.23Closing price
51.70
51.35
50.70
Brent crude oil
Turning point:54.70
Trading strategy:54.70Above, bullish, target price is55.85and56.30。
Alternative strategy: in54.70Below, bearish, target price is54.25and53.55。
Technical Review:RSITechnical indicators are bullish.
Support and resistance levels:
56.75
56.30
55.85
55.33Closing price
54.70
54.25
53.55
gold
Turning point:1189.15
Trading strategy:1189.15Above, bullish, target price is1198.50, and then1202.00。
Alternative strategy: in1189.15Below, bearish, with a target price set at1187.00, and then1183.00。
Technical Review:RSITechnical indicators are bullish and there is room for further improvement.
Support and resistance levels:
1206.00
1202.00
1198.50
1194.38Closing price
1189.15
1187.00
1183.00
silver
Turning point:16.65
Trading strategy:16.65Above, bullish, target price is16.86, and then16.95。
Alternative strategy: in16.65Below, bearish, with a target price set at16.50, and then16.40。
Technical Review:RSIThe technical indicators have broken through their downward trend line upwards.
Support and resistance levels:
17.00
16.95
16.86
16.764Closing price
16.65
16.50
16.40