RedstoneFx Analyst
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Redstone Technical Report 29/7/2021

XAUUSD Up up.png

config.png First Scenario 
Buy gold around 1810.00 with a target price of 1834.00

Alternative.png Alternative Scenario 
Sell gold around 1795.00 with a target price of 1761.00

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 25.20 with a target price of 25.76

Alternative.png Alternative Scenario 
Sell silver around 24.96 with a target price 24.28

Comment.png Comments 
Positive indicators 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 72.20 with a target price of 73.85

Alternative.png Alternative Scenario 
Sell Oil around 71.40 with a target price of 69.85

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

config.png First Scenario 
Buy the pair around 1.1845 with a target price of 1.1966

Alternative.png Alternative Scenario 
Sell the pair around 1.1780 with a target price of 1.1688

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

config.png First Scenario 
Buy the pair around 1.3890 with a target price of 1.4078

Alternative.png Alternative Scenario 
Sell the pair around 1.3840 with a target price of 1.3719

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

config.png First Scenario 
Buy the pair around 109.55 with a target price of 110.83

Alternative.png Alternative Scenario 
Sell the pair around 108.90 with a target price of 108.06

Comment.png Comments 
Positive technical indicators favors the rise, but breaching resistance is needed to confirm trend.
US30 Up up.png

config.png First Scenario 
Buy the index around 34980.00 with a target price of 35385.00

Alternative.png Alternative Scenario 
Sell the index around 34700.00 with a target price of 34475.00

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

config.png First Scenario 
Sell the pair around 0.9100 with a target price of 0.8990

Alternative.png Alternative Scenario 
Buy the pair around 0.9155 with a target price of 0.9277

Comment.png Comments 
Trading below the resistance favors the fall
USDCAD Down down.png

config.png First Scenario 
Sell the pair around 1.2500 with a target price of 1.2231

Alternative.png Alternative Scenario 
Buy the pair around 1.2595 with a target price of 1.2808

Comment.png Comments 
Breaching down the support line favors the fall

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