RedstoneFx Analyst
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Redstone Technical Report 13/1/2021

XAUUSD H1Up 

 First Scenario
Buy gold around 1855.00 with a target price of 1888.00

 Alternative Scenario
Sell gold around 1835.00 with a target price of 1800.00

 Comments
Trading above the support line and moving averages favors the rise
XAGUSD H1Up 

config.png First Scenario 
Buy Silver around 25.45 with a target price of 26.15

Alternative.png Alternative Scenario 
Sell silver around 25.00 with a target price 24.20

Comment.png Comments 
Trading above the support line and moving averages favors the rise
USOIL H1 Up 

config.png First Scenario 
Buy Oil around 53.50 with a target at 55.00

Alternative.png Alternative Scenario 
Sell Oil around 52.60 with a target at 51.00

Comment.png Comments 
Trading above the support line and moving averages favors the rise
EURUSD  H1Up 

config.png First Scenario 
Buy the pair around 1.2200 with a target of 1.2290

Alternative.png Alternative Scenario 
Sell the pair around 1.2140 with a target of 1.2060

Comment.png Comments 
Breach in the resistance line and trading above moving averages favors the rise
USDJPY Down down.png

config.png First Scenario 
Sell the pair around 103.75 with a target price of 103.00

Alternative.png Alternative Scenario 
Buy the pair around 104.00 with a target price of 104.80

Comment.png Comments 
Trading below moving averages favors the fall but breaking through the support line is required to confirm the trend
US500 Up up.png

config.png First Scenario 
Buy the index around 3800.00 with a target price of 3850.00

Alternative.png Alternative Scenario 
Sell the index around 3770.00 with a target price of 3720.00

Comment.png Comments 
Trading above the support line and moving averages favors the rise

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