RedstoneFx Analyst
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Redstone Technical Report 4/2/2021

XAUUSD H1 Up up.png

config.png First Scenario 
Buy gold around 1815.00 with a target price of 1840.00

Alternative.png Alternative Scenario 
Sell gold around 1805.00 with a target price of 1780.00

Comment.png Comments 
Trading above the support line favors the rise but breaching the resistance line is required to confirm the trend
XAGUSD H1 Up up.png
config.png First Scenario 
Buy Silver around 26.25 with a target price of 27.00

Alternative.png Alternative Scenario 
Sell silver around 25.90 with a target price 25.10

Comment.png Comments 
Trading above the support line favors the rise but breaching the resistance line is required to confirm the trend
UKOIL H1 Up 

config.png First Scenario 
Buy Oil around 58.40 with a target at 59.40

Alternative.png Alternative Scenario 
Sell Oil around 57.90 with a target at 56.90

Comment.png Comments 
Trading above the support line and moving averages favors the rise
EURUSD  H1 Down down.png

config.png First Scenario 
Sell the pair around 1.2015 with a target of 1.1950

Alternative.png Alternative Scenario 
Buy the pair around 1.2055 with a target of 1.2120

Comment.png Comments 
Trading below moving averages and the resistance line favors the fall
GBPUSD H1 Down down.png

config.png First Scenario 
Sell the pair around 1.3600 with a target price of 1.3500

Alternative.png Alternative Scenario 
Buy the pair around 1.3655 with a target price of 1.3755

Comment.png Comments 
Trading below moving averages and the resistance line favors the fall
US30 H1 Up up.png
config.png First Scenario 
Buy the index around 30600.00 with a target price of 30950.00

Alternative.png Alternative Scenario 
Sell the index around 30450.00 with a target price of 30000.00

Comment.png Comments 
Trading above the support line and moving averages favors the rise
NZDUSD H1 Up 

config.png First Scenario 
Buy the pair around 0.7190 with target at 0.7250

Alternative.png Alternative Scenario 
Sell the pair around 0.7160 with a target at 0.7090

Comment.png Comments 
Breach in the resistance line and trading above moving averages favors the rise
USDCHF H1 Up 

config.png First Scenario 
Buy the pair around 0.8995 with a target price of 0.9050

Alternative.png Alternative Scenario 
Sell the pair around 0.8965 with a target price of 0.8910

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

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