RedstoneFx Analyst
by
on

Redstone Technical Report 13/4/2021

XAUUSD Down down.png

config.png First Scenario 
Sell gold around 1728.00 with a target price of 1705.00

Alternative.png Alternative Scenario 
Buy gold around 1745.00 with a target price of 1765.00

Comment.png Comments 
Breaking through the support line and trading below moving averages favors the fall
XAGUSD Down down.png

config.png First Scenario
Sell Silver around 24.90 with a target price of 24.20

Alternative.png Alternative Scenario 
Buy silver around 25.30 with a target price 26.00

Comment.png Comments 
Breaking through the support line and trading below moving averages favors the fall
USOIL Down down.png

config.png First Scenario 
Buy Oil around 59.80 with a target at 61.50

Alternative.png Alternative Scenario 
Sell Oil around 58.80 with a target at 57.10

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

config.png First Scenario 
Buy the pair around 130.30 with a target price of 131.00

Alternative.png Alternative Scenario 
Sell the pair around 129.90 with a target price of 129.20

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

config.png First Scenario
Sell the pair around 0.7025 with target at 0.6980

Alternative.png Alternative Scenario 
Buy the pair around 0.7055 with a target at 0.7100

Comment.png Comments 
Breaking through the support line and trading below moving averages favors the fall
AUDUSD Down down.png

config.png First Scenario 
Sell the pair around 0.7615 with target at 0.7545

Alternative.png Alternative Scenario 
Buy the pair around 0.7655 with a target at 0.7725

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

config.png First Scenario 
Buy the pair around 1.2565 with a target price of 1.2645

Alternative.png Alternative Scenario 
Sell the pair around 1.2520 with a target price of 1.2440

Comment.png Comments 
Trading above moving averages and the support line favors the rise
US500 Up up.png

config.png First Scenario 
Buy the index around 4120.00 with a target price of 4160.00

Alternative.png Alternative Scenario 
Sell the index around 4095.00 with a target price of 4055.00

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

Ready to trade?

Get started with your RedstoneFX account today.

Easy funding & withdrawals

No deposit fees^