RedstoneFx Analyst
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Redstone Technical Report 26/3/2021

XAUUSD Up up.png

config.png First Scenario 
Buy gold around 1724.00 with a target price of 1750.00

Alternative.png Alternative Scenario 
Sell gold around 1712.00 with a target price of 1690.00

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 25.80

Alternative.png Alternative Scenario 
Sell silver around 24.70 with a target price 24.00

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

config.png First Scenario 
Buy Oil around 62.15 with a target at 64.40

Alternative.png Alternative Scenario 
Sell Oil around 60.80 with a target at 58.40

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

config.png First Scenario 
Sell the pair around 1.1790 with a target price of 1.1710

Alternative.png Alternative Scenario 
Buy the pair around 1.1840 with a target price of 1.1900

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

config.png First Scenario 
Buy the pair around 1.3750 with a target price of 1.3835

Alternative.png Alternative Scenario 
Sell the pair around 1.3690 with a target price of 1.3580

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

config.png First Scenario 
Buy the pair around 109.10 with a target price of 109.65

Alternative.png Alternative Scenario 
Sell the pair around 108.80 with a target price of 108.25

Comment.png Comments 
Trading above moving averages and the support line favors the rise
US30 Up up.png

config.png First Scenario 
Buy the index around 32700.00 with a target price of 33050.00

Alternative.png Alternative Scenario 
Sell the index around 32500.00 with a target price of 32150.00

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

config.png First Scenario 
Buy the pair around 150.15 with expected target at 151.30

Alternative.png Alternative Scenario 
Sell the pair around 149.50 with expected target at 148.35

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

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