RedstoneFx Analyst
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Redstone Technical Report 24/2/2021

XAUUSD H1 Up up.png

config.png First Scenario 
Buy gold around 1800.00 with a target price of 1838.00

Alternative.png Alternative Scenario 
Sell gold around 1780.00 with a target price of 1739.00

Comment.png Comments 
Breaching the resistance line and trading above moving averages favors the rise
XAGUSD H1 Up up.png
config.png First Scenario 
Buy Silver around 27.50 with a target price of 28.30

Alternative.png Alternative Scenario 
Sell silver around 27.00 with a target price 26.20

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

config.png First Scenario 
Buy Oil around 64.00 with a target at 65.00

Alternative.png Alternative Scenario 
Sell Oil around 63.40 with a target at 62.20

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

config.png First Scenario 
Buy the pair around 1.2145 with a target price of 1.2265

Alternative.png Alternative Scenario 
Sell the pair around 1.2095 with a target price of 1.1895

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

config.png First Scenario 
Buy the pair around 1.4150 with a target price of 1.4255

Alternative.png Alternative Scenario 
Sell the pair around 1.4090 with a target price of 1.3985

Comment.png Comments 
Trading above the support line and moving averages favors the rise
USDJPY H1 Down down.png
config.png First Scenario 
Sell the pair around 105.60 with a target price of 105.00

Alternative.png Alternative Scenario 
Buy the pair around 105.90 with a target price of 106.40

Comment.png Comments 
Trading below the resistance line favors the fall
US500 H1 Up up.png

config.png First Scenario 
Buy the index around 3845.00 with a target price of 3900.00

Alternative.png Alternative Scenario 
Sell the index around 3810.00 with a target price of 3760.00

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

config.png First Scenario 
Sell the pair around 1.2590 with a target price of 1.2500

Alternative.png Alternative Scenario 
Buy the pair around 1.2640 with a target price of 1.2725

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

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