RedstoneFx Analyst
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Redstone Technical Report 26/7/2021

XAUUSD Up up.png

config.png First Scenario 
Buy gold around 1804.00 with a target price of 1835.00

Alternative.png Alternative Scenario 
Sell gold around 1790.00 with a target price of 1768.00

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 25.92

Alternative.png Alternative Scenario 
Sell silver around 24.80 with a target price 24.21

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

config.png First Scenario 
Buy Oil around 70.70 with a target price of 73.20

Alternative.png Alternative Scenario 
Sell Oil around 69.90 with a target price of 68.00

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

config.png First Scenario 
Buy the pair around 129.90 with a target price of 130.65

Alternative.png Alternative Scenario 
Sell the pair around 129.40 with a target price of 128.79

Comment.png Comments 
Bullish technical indicators favors the rise
GBPJPY Up up.png

config.png First Scenario 
Buy the pair around 151.35 with a target price of 152.58

Alternative.png Alternative Scenario 
Sell the pair around 150.80 with a target price of 149.42

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

config.png First Scenario 
Buy the pair around 0.6950 with a target price of 0.7004

Alternative.png Alternative Scenario 
Sell the pair around 0.6920 with a target price of 0.6877

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

config.png First Scenario 
Buy the pair around 0.7330 with a target price of 0.7430

Alternative.png Alternative Scenario 
Sell the pair around 0.7290 with a target price of 0.7200

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

config.png First Scenario 
Sell the pair around 0.9190 with a target price of 0.9123

Alternative.png Alternative Scenario 
Buy the pair around 0.9230 with a target price of 0.9288

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

config.png First Scenario 
Buy the index around 4390.00 with a target price of 4473.00

Alternative.png Alternative Scenario 
Sell the index around 4360.00 with a target price of 4301.00

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

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