Forex Trading With IKON FINANCE

Forex Trading With IKON FINANCE

Postby Ajawed » Tue Jan 22, 2013 5:33 am

January 22, 2013

Gold (spot) closed up on Monday, made its intraday high of US$1691.50/ ounce after setting intraday low of US$1685.40/ounce. Gold went up by 0.34% at US$1,690.05/ounce.

Silver (spot) closed up on Monday made its intraday high of US$32.11/ ounce after setting intraday low of US$31.87/ounce. Silver settled 0.44% up at US$32.01/ounce.

Crude futures (February 2012) on Monday made an intra‐day high of US$95.49/bbl and made an intraday low of US$94.94/bbl and settled up by 0.7% at US$95.56/bbl on session close.

EUR/USD on Monday made an intra‐day low of US$ 1.3299/EUR and made an intraday high of US$1.3331/EUR and settled the day 0.015% down at US$1.3312/EUR on session close.

GBP/USD on Monday made an intra‐day low of US$1.5804/GBP and made an intraday high of US$1.5893/GBP and settled the day down by 0.110% at US$1.5828/GBP on session close.

USD/JPY on Friday an intra‐day low of JPY89.33/USD and made an intraday high of JPY 90.25/USD and settled the day 0.576% down at JPY89.61/USD on session close.

Trading with Ikon Finance http://www.ikonfinance.com/
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Ajawed
 
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Re: Strategy 17

Postby Ajawed » Thu Jan 24, 2013 8:04 am

January 24, 2013

Gold (spot) closed on Wednesday, made its intraday high of US$1695.38/ ounce after setting intraday low of US$1683.45/ounce. Gold went down by 0.40% at US$1,685.85/ounce.

Silver (spot) closed up on Wednesday made its intraday high of US$32.48/ ounce after setting intraday low of US$32.11/ounce. Silver settled 0.06%up at US$32.26/ounce.

Crude futures (March 2013) on Wednesday made an intra‐day high of US$96.92/bbl and made an intraday low of US$94.95/bbl and settled down by 1.05% at US$95.23/bbl on session close.

EUR/USD on Wednesday made an intra‐day low of US$ 1.3264/EUR and made an intraday high of US$1.3354/EUR and settled the day 0.025% down at US$1.3317/EUR on session close.

GBP/USD on Wednesday made an intra‐day low of US$1.5801/GBP and made an intraday high of US$1.5892/GBP and settled the day up by 0.044% at US$1.5843/GBP on session close.

USD/JPY on Wednesday an intra‐day low of JPY88.06/USD and made an intraday high of JPY 88.79/USD and settled the day 0.09% down at JPY88.61/USD on session close.

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Ajawed
 
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Re: Forex Trading With IKON FINANCE

Postby Ajawed » Mon Jan 28, 2013 7:37 am

January 28, 2013

Gold (spot) closed down on Friday, made its intraday high of US$1,672.48/ ounce before setting intraday low of US$1,656.02/ounce. Gold went down by 0.55% at US$1,658.70/ounce.

Silver (spot) closed up on Friday made its intraday high of US$31.78/ ounce after setting intraday low of US$31.12/ounce. Silver settled 1.45% down at US$31.20/ounce.

Crude futures (March 2013) on Friday made an intra‐day high of US$96.56/bbl and made an intraday low of US$95.43/bbl and settled down by 0.07% at US$95.88/bbl on session close.

EUR/USD on Friday made an intra‐day low of US$ 1.3349/EUR and made an intraday high of US$1.3479/EUR and settled the day 0.56% up at US$1.3452/EUR on session close.

GBP/USD on Friday made an intra‐day low of US$1.5745/GBP and made an intraday high of US$1.5827/GBP and settled the day up up 0.025% at US$1.5793/GBP on session close.

USD/JPY on Thursday an intra‐day low of JPY90.29/USD and made an intraday high of JPY 91.19/USD and settled the day 0.563% up at JPY90.90/USD on session close.

http://www.ikonfinance.com/
Ajawed
 
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Re: Forex Trading With IKON FINANCE

Postby Ajawed » Tue Jan 29, 2013 7:12 am

January 29, 2013

Gold (spot) closed down on Monday, made its intraday high of US$1,662.44/ ounce before setting intraday low of US$1,652.10/ounce. Gold went down by 0.19% at US$1,655.50/ounce.

Silver (spot) closed down on Monday made its intraday high of US$31.32/ ounce after setting intraday low of US$30.74/ounce. Silver settled 1.03% down at US$30.88/ounce.

Crude futures (March 2013) on Monday made an intra‐day high of US$96.81/bbl and made an intraday low of US$95.47/bbl and settled up by 0.58% at US$96.44/bbl on session close.

EUR/USD on Monday made an intra‐day low of US$ 1.3324/EUR and made an intraday high of US$1.3477/EUR and settled the day 0.074% up at US$1.3455/EUR on session close.

GBP/USD on Monday made an intra‐day low of US$1.5674/GBP and made an intraday high of US$1.5785/GBP and settled the day down 0.45% at US$1.5692/GBP on session close.

USD/JPY on Friday an intra‐day low of JPY90.56/USD and made an intraday high of JPY 91.26/USD and settled the day 0.816% down at JPY90.86/USD on session close.

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Re: Forex Trading With IKON FINANCE

Postby Ajawed » Wed Jan 30, 2013 7:17 am

January 30, 2013

EUR/USD on Tuesday made an intra‐day low of US$ 1.3413/EUR and made an intraday high of US$1.3495/EUR and settled the day 0.305% up at US$1.3486/EUR on session close.

GBP/USD on Tuesday made an intra‐day low of US$1.5690/GBP and made an intraday high of US$1.5771/GBP and settled the day up 0.299% at US$1.5742/GBP on session close.

USD/JPY on Tuesday an intra‐day low of JPY90.31/USD and made an intraday high of JPY 91.00/USD and settled the day 0.387% down at JPY90.77/USD on session close.

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Ajawed
 
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Re: Forex Trading With IKON FINANCE

Postby Ajawed » Thu Jan 31, 2013 5:33 am

January 31, 2013

U.S. stocks ended the day with modest losses as GDP unexpectedly contracted in the fourth quarter, raising concerns over sustainability on economic recovery. The Dow fell 0.32 percent, while the S&P 500 and the NASDAQ retreated 0.39 percent and 0.37 percent, respectively.

Indeed, recent economic data revealed mixed signals in the economy as jobs reports indicated robust environment, whereas growth and housing data disappointed investors, coming worse than earlier estimates. Meanwhile, the Fed said it will maintain asset buying program in the face of weaker economic activity. However, most of the bellwether companies released better results, curbing steep losses in the markets.

On the corporate side, Union Pacific Corp. tumbled 2.7 percent to $131.17. Facebook lost 1.4 percent to $30.81 as earnings weakened in the last quarter. General Electric Co. and Exxon Mobil Corp. had the biggest declines in the Dow. Fossil Inc. fell 2.4 percent to $104.11. Research In Motion Ltd. plunged 12 percent.

European stocks drifted lower as U.S. GDP shrank and incoming corporate earnings indicated weaker projections, spurring investors to sell equities from 23- month high. The Stoxx Europe 600 Index fell 0.6 percent to 288.63 in London.

The greenback slumped to the weakest since November 2011 versus the euro after the Federal Reserve said it will keep buying $85 billion of securities a month to boost the economy. In the meantime, easing horizon for banking sector and diminishing costs of borrowing restored confidence over euro across the board. The common currency climbed to 1.3570 vs. the dollar, signaling more upward momentum for near future.

March crude added 37 cents, or 0.4%, to settle at $97.94 a barrel on the New York Mercantile Exchange as the buck lost further and the Fed will continue its dovish stance to galvanize the economy.

Gold futures jumped $19.10, or 1.2%, to settle at $1,679.90 an ounce on the Comex division of the New York Mercantile Exchange as GDP contracted, dollar weakened and the Fed maintained its current stance on the monetary policy, prompting buying spree on the precious metal as safe haven.

Today, we will pay close attention to weekly jobless claims, personal income and outlays, employment cost index and Chicago PMI to find direction in the markets ahead of all important employment situation due tomorrow.

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Ajawed
 
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