Industrial Investment: Major Product Technology Updates2017.07.31

Industrial Investment: Major Product Technology Updates2017.07.31
(source:Trading Central)
2017year7month31day
(Note:***=strong **=secondary *=Fatigue)
EUR/USD
Turning point:1.1705
Trading strategy:1.1705Above, bullish, target price is1.1775and1.1800。
Alternative strategy: in1.1705Below, bearish, target price is1.1670and1.1650。
Technical Review: Even if we cannot rule out the possibility of a sustained rebound, its duration should be limited.
Support and resistance levels:
1.1835
1.1800
1.1775
1.1744Closing price
1.1705
1.1670
1.1650
USD/JPY
Turning point:110.95
Trading strategy:110.95Below, bearish, target price is110.30, and then109.80。
Alternative strategy: in110.95Above, bullish, target price set at111.30, and then111.70。
Technical Review:RSITechnical indicators lack upward momentum.
Support and resistance levels:
111.70
111.30
110.95
110.42Closing price
110.30
109.80
109.45
GBP USD
Turning point:1.3100
Trading strategy:1.3100Above, bullish, target price is1.3160, and then1.3185。
Alternative strategy: in1.3100Below, bearish, with a target price set at1.3070, and then1.3055。
Technical Review:RSITechnical indicators50%Above the neutral area.
Support and resistance levels:
1.3215
1.3185
1.3160
1.3136Closing price
1.3100
1.3070
1.3055
U.S.Acrude oil
Turning point:45.50
Trading strategy:45.50Above, bullish, target price is52.00and55.00。
Alternative strategy: in45.50Below, bearish, target price is42.50and39.00。
Technical Review:RSIThe technical indicators are showing a further upward trend.
Support and resistance levels:
57.75
55.00
52.00
49.79Closing price
45.50
42.50
39.00
Brent crude oil
Turning point:51.35
Trading strategy:51.35Above, bullish, target price is53.10and53.62。
Alternative strategy: in51.35Below, bearish, target price is50.55and50.05。
Technical Review:RSITechnical indicators tend to rise.
Support and resistance levels:
54.27
53.62
53.10
52.70Closing price
51.35
50.55
50.05
gold
Turning point:1266.50
Trading strategy:1266.50Above, bullish, target price is1276.00, and then1279.00。
Alternative strategy: in1266.50Below, bearish, with a target price set at1261.50, and then1257.00。
Technical Review:RSITechnical indicators are supported by their upward trend line.
Support and resistance levels:
1282.50
1279.00
1276.00
1273.00Closing price
1266.50
1261.50
1257.00
silver
Turning point:16.50
Trading strategy:16.50Above, bullish, target price is16.79, and then16.88。
Alternative strategy: in16.50Below, bearish, with a target price set at16.37, and then16.28。
Technical Review:RSITechnical indicators tend to rise.
Support and resistance levels:
16.96
16.88
16.79
16.66Closing price
16.50
16.37
16.28