RedstoneFx Analyst
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Redstone Technical Report 21/7/2021

XAUUSD Up up.png

config.png First Scenario 
Buy gold around 1810.00 with a target price of 1839.00

Alternative.png Alternative Scenario 
Sell gold around 1796.00 with a target price of 1772.00

Comment.png Comments 
Trading above the support line favors the rise but breaching the resistance line is required to confirm the trend
XAGUSD Up up.png

config.png First Scenario
Buy Silver around 25.10 with a target price of 25.69

Alternative.png Alternative Scenario 
Sell silver around 24.74 with a target price 24.15

Comment.png Comments 
Trading above the support line favors the rise but breaching the resistance line is required to confirm the trend
USOIL Down down.png

config.png First Scenario 
Sell Oil around 67.57 with a target at 66.03

Alternative.png Alternative Scenario 
Buy Oil around 68.65 with a target at 70.30

Comment.png Comments 
Trading below the resistance line favors the fall, but breaking the support line is required to confirm the trend
EURJPY      Up up.png

config.png First Scenario 
Buy the pair around 129.25 with a target price of 130.00

Alternative.png Alternative Scenario 
Sell the pair around 128.80 with a target price of 128.16

Comment.png Comments 
Trading above the support line favors the rise, but breaching the resistance line is required to confirm the trend
GBPJPY Down down.png

config.png First Scenario 
Sell the pair around 149.70 with expected target at 148.62

Alternative.png Alternative Scenario 
Buy the pair around 150.37 with expected target at 151.49

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

config.png First Scenario 
Sell the pair around 0.6915 with target at 0.6855

Alternative.png Alternative Scenario 
Buy the pair around 0.6951 with a target at 0.7007

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

config.png First Scenario 
Sell the pair around 0.7318 with target at 0.7250

Alternative.png Alternative Scenario 
Buy the pair around 0.7347 with a target at 0.7391

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

config.png First Scenario 
Buy the pair around 1.2690 with a target price of 1.2770

Alternative.png Alternative Scenario 
Sell the pair around 1.2647 with a target price of 1.2590

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

config.png First Scenario 
Buy the pair around 0.9208 with a target price of 0.9258

Alternative.png Alternative Scenario 
Sell the pair around 0.9184 with a target price of 0.9147

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

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