RedstoneFx Analyst
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Redstone Technical Report 20/1/2021

XAUUSD H1 Up 

config.png First Scenario 
Buy gold around 1848.00 with a target price of 1872.00

Alternative.png Alternative Scenario 
Sell gold around 1833.00 with a target price of 1810.00

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

config.png First Scenario 
Buy Silver around 25.40 with a target price of 26.20

Alternative.png Alternative Scenario 
Sell silver around 24.90 with a target price 24.10

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

config.png First Scenario 
Buy Oil around 53.20 with a target at 54.80

Alternative.png Alternative Scenario 
Sell Oil around 52.15 with a target at 50.50

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

config.png First Scenario 
Buy the pair around 1.2145 with a target of 1.2220

Alternative.png Alternative Scenario 
Sell the pair around 1.2100 with a target of 1.2020

Comment.png Comments 
Breach in the resistance line and trading above moving averages favors the rise
GBPUSD H1 Up 

config.png First Scenario 
Buy the pair around 1.3650 with a target price of 1.3730

Alternative.png Alternative Scenario 
Sell the pair around 1.3600 with a target price of 1.3520

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

config.png First Scenario 
Sell the pair around 103.80 with a target price of 103.30

Alternative.png Alternative Scenario 
Buy the pair around 104.10 with a target price of 104.60

Comment.png Comments 
Trading below moving averages and the resistance line favors the fall

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