RedstoneFx Analyst
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Redstone Technical Report 18/2/2021

XAUUSD H1 Up up.png

config.png First Scenario 
Buy gold around 1775.00 with a target price of 1800.00

Alternative.png Alternative Scenario 
Sell gold around 1760.00 with a target price of 1733.00

Comment.png Comments 
Bullish technical indicators favor the rise but breaching the resistance line is required to confirm the trend
XAGUSD H1 Up up.png
config.png First Scenario 
Buy Silver around 27.10 with a target price of 27.80

Alternative.png Alternative Scenario 
Sell silver around 26.70 with a target price 26.00

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

config.png First Scenario 
Buy Oil around 61.30 with a target at 63.55

Alternative.png Alternative Scenario 
Sell Oil around 60.00 with a target at 57.75

Comment.png Comments 
Trading above moving averages and the support line favors the rise
EURUSD H1 Down down.png

config.png First Scenario 
Sell the pair around 1.2055 with a target of 1.1960

Alternative.png Alternative Scenario 
Buy the pair around 1.2110 with a target of 1.2205

Comment.png Comments 
Breaking through the support line and trading below moving averages favors the fall
US30 H1 Up up.png

config.png First Scenario 
Buy the index around 31500.00 with a target price of 31675.00

Alternative.png Alternative Scenario 
Sell the index around 31400.00 with a target price of 31225.00

Comment.png Comments 
Trading above the support line favors the rise
USDJPY H1 Up up.png
config.png First Scenario 
Buy the pair around 105.80 with a target price of 106.70

Alternative.png Alternative Scenario 
Sell the pair around 105.15 with a target price of 104.10

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

config.png First Scenario 
Buy the pair around 127.35 with a target price of 127.95

Alternative.png Alternative Scenario 
Sell the pair around 127.00 with a target price of 126.35

Comment.png Comments 
Trading above the support line favors the rise
NZDUSD H1 Down down.png

config.png First Scenario 
Sell the pair around 0.7195 with target at 0.7140

Alternative.png Alternative Scenario 
Buy the pair around 0.7225 with a target at 0.7275

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

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