RedstoneFx Analyst
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Redstone Technical Report 20/7/2021

XAUUSD Down down.png

config.png First Scenario 
Sell gold around 1818.00 with a target price of 1795.00

Alternative.png Alternative Scenario 
Buy gold around 1829.00 with a target price of 1858.00

Comment.png Comments 
Trading below the resistance line favors the fall, but breaking the support line is required to confirm the trend
XAGUSD Down down.png

config.png First Scenario
Sell Silver around 25.30 with a target price of 24.56

Alternative.png Alternative Scenario 
Buy silver around 25.80 with a target price 26.70

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

config.png First Scenario 
Sell Oil around 67.26 with a target at 65.00

Alternative.png Alternative Scenario 
Buy Oil around 68.90 with a target at 71.45

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

config.png First Scenario 
Sell the pair around 1.3688 with a target price of 1.3566

Alternative.png Alternative Scenario 
Buy the pair around 1.3766 with a target price of 1.3884

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

config.png First Scenario 
Sell the pair around 109.60 with a target price of 109.00

Alternative.png Alternative Scenario 
Buy the pair around 109.90 with a target price of 110.50

Comment.png Comments 
Trading below the resistance line and moving averages favors the fall
US500 Down down.png

config.png First Scenario 
Sell the index around 4281.00 with a target price of 4220.00

Alternative.png Alternative Scenario 
Buy the index around 4316.00 with a target price of 4379.00

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

config.png First Scenario 
Buy the pair around 0.9184 with a target price of 0.9266

Alternative.png Alternative Scenario 
Sell the pair around 0.9146 with a target price of 0.9095

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

config.png First Scenario 
Sell the pair around 0.7341 with target at 0.7277

Alternative.png Alternative Scenario 
Buy the pair around 0.7395 with a target at 0.7481

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

config.png First Scenario 
Sell the pair around 149.93 with expected target at 147.89

Alternative.png Alternative Scenario 
Buy the pair around 150.65 with expected target at 152.12

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

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