RedstoneFx Analyst
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Redstone Technical Report 25/3/2021

XAUUSD Up up.png

config.png First Scenario 
Buy gold around 1730.00 with a target price of 1750.00

Alternative.png Alternative Scenario 
Sell gold around 1719.00 with a target price of 1700.00

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

config.png First Scenario 
Sell Silver around 25.20 with a target price of 24.30

Alternative.png Alternative Scenario 
Buy silver around 25.70 with a target price 26.55

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

config.png First Scenario 
Buy Oil around 63.10 with a target at 64.85

Alternative.png Alternative Scenario 
Sell Oil around 62.10 with a target at 60.35

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

config.png First Scenario 
Buy the pair around 0.9350 with a target price of 0.9470

Alternative.png Alternative Scenario 
Sell the pair around 0.9280 with a target price of 0.9160

Comment.png Comments 
Breaching the resistance line and trading above moving averages favors the rise
USDCAD Up up.png

config.png First Scenario 
Buy the pair around 1.2555 with a target price of 1.2665

Alternative.png Alternative Scenario 
Sell the pair around 1.2500 with a target price of 1.2415

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

config.png First Scenario 
Sell the pair around 0.7600 with target at 0.7515

Alternative.png Alternative Scenario 
Buy the pair around 0.7650 with a target at 0.7740

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

config.png First Scenario 
Sell the pair around 0.6985 with target at 0.6910

Alternative.png Alternative Scenario 
Buy the pair around 0.7035 with a target at 0.7100

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

config.png First Scenario 
Sell the pair around 149.15 with expected target at 147.50

Alternative.png Alternative Scenario 
Buy the pair around 149.80 with expected target at 151.30

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

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