RedstoneFx Analyst
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Redstone Technical Report 18/08/2022

XAUUSD Up 
 First Scenario
Buy gold around 1768.50 with a target price of 1778.00

 Alternative Scenario
Sell gold around 1760.00 with a target price of 1745.00

 Comments
Trading above the support line and moving averages favors the rise
XAGUSD Up 
 First Scenario
Buy silver around 19.85 with a target price of 20.15

 Alternative Scenario
Sell silver around 19.65 with a target price of 19.00

 Comments
Trading above the support line and moving averages favors the rise
WTIUSD Down 
 First Scenario
Sell Oil around 88.50 with a target price of 87.56

 Alternative Scenario
Buy Oil around 89.25 with a target price of 90.00

 Comments
Trading below the resistance and moving averages favors the fall.
EURUSD   Down 
 First Scenario
Sell the pair around 1.0170 with a target price of 1.0085

 Alternative Scenario
Buy the pair around 1.0200 with a target price of 1.0300

 Comments
Trading below the resistance and moving averages favors the fall.
GBPUSD Down 
 First Scenario
Sell the pair around 1.2065 with a target price of 1.2000

 Alternative Scenario
Buy the pair around 1.2115 with a target price of 1.2190

 Comments
Trading below the resistance and moving averages favors the fall.
USDJPY Up 
 First Scenario
Buy the pair around 135.35 with a target price of 136.00

 Alternative Scenario
Sell the pair around 134.25 with a target price of 133.25

 Comments
Trading above the support line and moving averages favors the rise
J225 Up 
 First Scenario
Buy the index around 29010 with a target price of 29150

 Alternative Scenario
Sell the index around 28900 with a target price of 28750

 Comments
Trading above the support line and moving averages favors the rise
USDCHF Up 
 First Scenario
Buy the pair around 0.9532 with a target price of 0.9575

 Alternative Scenario
Sell the pair around 0.9485 with a target price of 0.9400

 Comments
Trading above the support line and moving averages favors the rise
AUDUSD Down 
 First Scenario
Sell the pair around 0.6945 with a target price of 0.6900

 Alternative Scenario
Buy the pair around 0.6970 with a target price of 0.7000

 Comments
Trading below the resistance and moving averages favors the fall.

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