RedstoneFx Analyst
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Redstone Technical Report 3/3/2021

XAUUSD Up up.png

config.png First Scenario 
Buy gold around 1730.00 with a target price of 1774.00

Alternative.png Alternative Scenario 
Sell gold around 1705.00 with a target price of 1661.00

Comment.png Comments 
Trading above the support 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 26.65 with a target price of 27.60

Alternative.png Alternative Scenario 
Sell silver around 26.10 with a target price 25.14

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

config.png First Scenario 
Sell Oil around 63.20 with a target at 61.80

Alternative.png Alternative Scenario 
Buy Oil around 64.00 with a target at 65.40

Comment.png Comments 
Breaking through the support line and trading below moving averages favors the fall
EURUSD Up up.png

config.png First Scenario 
Buy the pair around 1.2085 with a target price of 1.2195

Alternative.png Alternative Scenario 
Sell the pair around 1.2020 with a target price of 1.1910

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

config.png First Scenario 
Buy the pair around 128.95 with a target price of 129.90

Alternative.png Alternative Scenario 
Sell the pair around 128.40 with a target price of 127.40

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 0.7270 with target at 0.7350

Alternative.png Alternative Scenario 
Sell the pair around 0.7220 with a target at 0.7150

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

config.png First Scenario 
Buy the pair around 0.7810 with target at 0.7900

Alternative.png Alternative Scenario 
Sell the pair around 0.7760 with a target at 0.7665

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

config.png First Scenario 
Buy the pair around 0.9140 with a target price of 0.9215

Alternative.png Alternative Scenario 
Sell the pair around 0.9100 with a target price of 0.9025

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

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