IKON FINANCE Forex Analysis (June)

Re: IKON FINANCE Forex Analysis (June)

Postby Ajawed » Wed Jun 19, 2013 6:02 am

June 19, 2013

Gold (spot) closed upon Tuesday made its intraday high of US$1385.81/ounce before setting intraday low of US$1360.91/ounce. Gold went up by 1.265% at US$1367.20/ounce.
Trading Strategy: Neutral
Sell at strength at 1371-1383; targeting 1374-1361 and 1355-1344, upside breakage of 1395 will lead to 1401-1405 and 1412-1421. Buy on dips at 1344-1360 with strict stop loss below 13361-hourly closing; targeting 1371-1381 and 1394-1400 and 1414-1424; break below 1336 will call for 1334-1323.


Silver (spot) closed down on Tuesday made its intraday high of US$21.95/ounce before setting intraday low of US$21.52/ounce. Silver settled 0.779% down at US$21.65/ounce.
Trading Strategy: Neutral
Short positions at 21.90-22.30 with stop above 23.10; targeting 21.50-21.10, upside breakout of 22.90 will open the way to 23.20 and 23.80-24.20. Buyers can buy above 21.10, targeting 22.30-22.60 and 22.80-23.05 with risk below 21.00.


Crude futures (July 2013) on Tuesday made an intra-day high of US$98.64/bbl and made an intraday low of US$97.40/bbl and settled up by 0.694%at US$98.58/bbl on session close.
Trading Strategy: Neutral
Expect continuation towards 99.19, with immediate supports around 97.05 and 95.72. Additional strength can stride for 103 – 104.80. Immediate supports reside around 97.05 and 95.72.Stay long with risk below 96.03.


EUR/USD on Tuesday made an intra‐day low of US$1.3325/EUR and made an intraday high of US$1.3414/EUR and settled the day 0.202% up at US$1.3391/EUR on session close.
Trading Strategy: Neutral
Based on today’s market, buying the pair above1.3280-1.3320 targeting 1.3390 and 1.3450with stop-loss with four-hour closing below 1.3150; whereas selling can be done 1.3380-1.3410 with risk above 1.3475; targeting 1.3310-1.3240.


GBP/USD on Tuesday made an intra‐day low of US$1.5564/GBP and made an intraday high of US$1.5722/GBP and settled
Trading Strategy: Neutral
Based on today’s market, sell below 1.5700, targeting 1.5540-1.5460 and 1.5300-1.5250; alternatively, a break above 1.5700 might call for 1.5800. Buying can be done 1.5630-1.5590targeting 1.5690 and 1.5750; stop-loss with four-hour closing below 1.5465.


USD/JPY on Tuesday an intra‐day low of JPY94.42/USD and made an intraday high of JPY95.75/USD and settled the day 0.867% up at JPY95.30/USD on session close.
Trading Strategy: Neutral
Based on today’s market, Buy above 93.90, using a stop loss of 92.40, targeting 95.60-96.80. Sell below 96.40-96.90, using a stop loss of 97.30, targeting 93.10 and 92.30.

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Ajawed
 
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Re: IKON FINANCE Forex Analysis (June)

Postby Ajawed » Thu Jun 20, 2013 5:59 am

June 20, 2013

Gold (spot) closed down on Wednesday made its intraday high of US$1376.40/ounce before setting intraday low of US$1348.79/ounce. Gold went down by 1.232% at US$1350.84/ounce.
Trading Strategy: Neutral
Sell at strength at 1348-1362; targeting 1374-1361 and 1355-1344, upside breakage of 1365 will lead to 1374-1379 and 1384-1394. Buy on dips at 1325-1338with strict stop loss below 13201-hourly closing; targeting 1354-1365 and 1371-1381; break below 1320 will call for 1305-1290.


Silver (spot) closed down on Wednesday made its intraday high of US$21.82/ounce before setting intraday low of US$21.26/ounce. Silver settled 1.292% down at US$21.39/ounce.
Trading Strategy: Neutral
Short positions at 21.40-21.90 with stop above 22.30; targeting 21.10-20.75, upside breakout of 22.30 will open the way to 22.50-22.90 and 23.20-23.80. Buyers can buy above 20.75-20.25, targeting 21.40-21.60 and 21.95-22.30 with risk below 20.10.


Crude futures (July 2013) on Wednesday made an intra‐day high of US$98.99/bbl and made an intraday low of US$97.55/bbl and settled up by 0.618% at US$98.99/bbl on session close.
Trading Strategy: Neutral
Based on today’s chart, we prefer to short oil below 97.05-98.40, targeting 96.40-95.90 and 94.60-93.90. Stop loss with four-hour closing above 99.20.Buy above 95.90 targeting 97.05-97.60 and 98.90-90.60.


EUR/USD on Wednesday made an intra‐day low of US$1.3293/EUR and made an intraday high of US$1.3415/EUR and settled the day 0.731% down at US$1.3293/EUR on session close.
Trading Strategy: Neutral
Based on today’s chart, selling the pair 1.3305-1.3390 with risk above 1.3420; targeting 1.3310-1.3240; whereas, buying can be done above1.3280-1.3320 targeting 1.3390 and 1.3450with stop-loss with four-hour closing below 1.3150.


GBP/USD on Wednesday made an intra‐day low of US$1.5448/GBP and made an intraday high of US$1.5676/GBP and settled the day down by 1.214% at US$1.5480/GBP on session close.
Trading Strategy: Neutral
Based on today’s chart, sell below 1.5510-1.5570, targeting 1.5460 and 1.5300-1.5250; alternatively, a break above 1.5630 might call for 1.5685—1.5720 and 1.5800. Buying can be done 1.5300-1.5250targeting 1.5510-1.5570 and 1.5630-1.5690; stop-loss with four-hour closing below 1.5190.


USD/JPY on Wednesday an intra‐day low of JPY 94.82/USD and made an intraday high of JPY97.02/USD and settled the day1.175% up at JPY96.42/USD on session close.
Trading Strategy: Neutral
Based on today’s chart, Buy above 95.60-95.10, using a stop loss of 94.30, targeting 95.60-96.80. Sell below 96.40-96.90, using a stop loss of 97.30, targeting 93.10 and 92.30.


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Ajawed
 
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Re: IKON FINANCE Forex Analysis (June)

Postby Ajawed » Fri Jun 21, 2013 6:21 am

June 21, 2013

Gold (spot) closed down on Thursday made its intraday high of US$1351.50/ounce before setting intraday low of US$1376.16/ounce. Gold went down by 4.959% at US$1284.47/ounce.
Trading Strategy: Neutral
Sell at strength at 1310-1320; targeting 1289-1285 and 1374-1368, upside breakage of 1324 will lead to 1334-1338 and 1344-1354. Buy on dips at 1285-1274 with strict stop loss below 1268 1-hourly closing; targeting 1305-1320 and 1334-1344; break below 1268 will call for 1260-1250.


Silver (spot) closed down on Thursday made its intraday high of US$21.34/ounce before setting intraday low of US$19.66/ounce. Silver settled 7.87% down at US$19.66/ounce.
Trading Strategy: Neutral
Short positions at 20.75-20.95 with stop above 21.30; targeting 19.60-19.30 and 18.95, upside breakout of 21.30 will open the way to 21.90-22.50 and 22.90-23.20. Buyers can buy above 20.75-20.25, targeting 21.40-21.60 and 21.95-22.30 with risk below 20.10.

Crude futures (July 2013) on Thursday made an intra‐day high of US$98.20/bbl and made an intraday low of US$94.62/bbl and settled down by 3.289% at US$94.95/bbl on session close.
Trading Strategy: Neutral
Based on today’s market, we prefer to short oil below 95.70-97.05, targeting 94.60-93.90. Stop loss with four-hour closing above 99.20. Buy above 94.60 targeting 97.05-97.60 and 98.90-90.60.


EUR/USD on Thursday made an intra‐day low of US$1.3160/EUR and made an intraday high of US$1.3300/EUR and settled the day 0.564% down at US$1.3218/EUR on session close.
Trading Strategy: Neutral
Based on today’s market, selling the pair 1.3305-1.3390 with risk above 1.3420; targeting 1.3310-1.3240; whereas, buying can be done above 1.3280-1.3320 targeting 1.3390 and 1.3450 with stop-loss with four-hour closing below 1.3150.


GBP/USD on Thursday made an intra‐day low of US$1.5413/GBP and made an intraday high of US$1.5516/GBP and settled the day up by 0.161% at US$1.5506/GBP on session close.
Trading Strategy: Neutral
Based on today’s market, sell below 1.5465-1.5510, targeting 1.5425-1.3800 and 1.5300-1.5250; alternatively, a break above 1.5630 might call for 1.5685—1.5720 and 1.5800. Buying can be done 1.5300-1.5250 targeting 1.5510-1.5570 and 1.5630-1.5690; stop-loss with four-hour closing below 1.5190.


USD/JPY on Thursday an intra‐day low of JPY96.19/USD and made an intraday high of JPY 98.27/USD and settled the day 0.891% up at JPY97.28/USD on session close.
Trading Strategy: Neutral
Based on today’s market, Buy above 95.60-95.10, using a stop loss of 94.30, targeting 95.60-96.80. Sell below 96.40-96.90, using a stop loss of 97.30, targeting 93.10 and 92.30.


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Ajawed
 
Posts: 328
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Re: IKON FINANCE Forex Analysis (June)

Postby Ajawed » Mon Jun 24, 2013 6:51 am

June 24, 2013

Gold (spot) closed up on Friday made its intraday high of US$1302.30/ounce after setting intraday low of US$1369.40/ounce. Gold went up by 1.286% at US$1295.93/ounce.
Trading Strategy: Neutral
Sell at strength at 1287-1305; targeting 1274-1268 and 1260, upside breakage of 1320 will lead to 1334-1338 and 1344-1354. Buy on dips at 1260-1268 with strict stop loss below 1250 1-hourly closing; targeting 1305-1320 and 1334-1344; break below 1255 will call for 1235-1210.


Silver (spot) closed up on Friday made its intraday high of US$20.13/ounce before setting intraday low of US$19.38/ounce. Silver settled 2.396% up at US$20.08/ounce.
Trading Strategy: Neutral
Short positions at 20.75-20.95 with stop above 21.30; targeting 19.60-19.30 and 18.95, upside breakout of 21.30 will open the way to 21.90-22.50 and 22.90-23.20. Buyers can buy above 20.75-20.25, targeting 21.40-21.60 and 21.95-22.30 with risk below 20.10.


Crude futures (July 2013) on Friday made an intra‐day high of US$95.81/bbl and made an intraday low of US$93.09/bbl and settled down by 1.127% at US$93.86/bbl on session close.
Trading Strategy: Neutral
Based on today’s market, we prefer to short oil below 94.90-95.70, targeting 92.90-92.20 and 91.60-90.05. Stop loss with four-hour closing above 97.05. Buy above 91.60 targeting 93.60-94.90 and 95.70-97.05.


EUR/USD on Friday made an intra‐day low of US$1.3097/EUR and made an intraday high of US$1.3253/EUR and settled the day 0.748% down at US$1.3119/EUR on session close.
Trading Strategy: Neutral
Based on today’s market, selling the pair 1.3100-1.3190 with risk above 1.3250; targeting 1.3010-1.2950; whereas, buying can be done above 1.3000 targeting 1.3150-1.3240 and 1.3390 with stop-loss with four-hour closing below 1.2950.


GBP/USD on Friday made an intra‐day low of US$1.5367/GBP and made an intraday high of US$1.5528/GBP and settled the day down by 0.574% at US$1.5416/GBP on session close.
Trading Strategy: Neutral
Based on today’s market, sell below 1.5410-1.5500, targeting 1.5320-1.5250; alternatively, a break above 1.5570 might call for 1.5685—1.5720 and 1.5800. Buying can be done 1.5300-1.5250 targeting 1.5510-1.5570 and 1.5630-1.5690; stop-loss with four-hour closing below 1.5190.


USD/JPY on Friday an intra‐day low of JPY96.85/USD and made an intraday high of JPY 98.12/USD and settled the day 0.606% up at JPY97.88/USD on session close.
Trading Strategy: Neutral
Based on today’s market, Buy above 96.70-97.30, using a stop loss of 95.70, targeting 99.80-100.50. Sell below 99.20-99.80, using a stop loss of 100.50, targeting 98.05-97.30 and 95.70-94.60.


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Ajawed
 
Posts: 328
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Re: IKON FINANCE Forex Analysis (June)

Postby Ajawed » Tue Jun 25, 2013 6:25 am

June 25, 2013

Gold (spot) closed down on Monday made its intraday high of US$1301.30/ounce before setting intraday low of US$1276.12/ounce. Gold went down by 1.164% at US$1281.93/ounce.
Trading Strategy: Neutral
Sell at strength at 1287-1305; targeting 1274-1268 and 1260, upside breakage of 1320 will lead to 1334-1338 and 1344-1354. Buy on dips at 1260-1268 with strict stop loss below 1250 1-hourly closing; targeting 1305-1320 and 1334-1344; break below 1255 will call for 1235-1210.


Silver (spot) closed down on Tuesday made its intraday high of US$20.22/ounce before setting intraday low of US$19.45/ounce. Silver settled 2.04% down at US$19.67/ounce.
Trading Strategy: Neutral
Short positions at 20.75-20.95 with stop above 21.30; targeting 19.60-19.30 and 18.95, upside breakout of 21.30 will open the way to 21.90-22.50 and 22.90-23.20. Buyers can buy above 20.75-20.25, targeting 21.40-21.60 and 21.95-22.30 with risk below 20.10.


Crude futures (July 2013) on Monday made an intra‐day high of US$95.56/bbl and made an intraday low of US$92.65/bbl and settled up by 1.14% at US$94.92/bbl on session close.
Trading Strategy: Neutral
Based on today’s market, we prefer to short oil below 94.90-95.70, targeting 92.90-92.20 and 91.60-90.05. Stop loss with four-hour closing above 97.05. Buy above 91.60 targeting 93.60-94.90 and 95.70-97.05.


EUR/USD on Monday made an intra‐day low of US$1.3058/EUR and made an intraday high of US$1.3143/EUR and settled the day 0.206% up at US$1.3117/EUR on session close.
Trading Strategy: Neutral
Based on today’s market, selling the pair 1.3100-1.3190 with risk above 1.3250; targeting 1.3010-1.2950; whereas, buying can be done above 1.3000 targeting 1.3150-1.3240 and 1.3390 with stop-loss with four-hour closing below 1.2950.


GBP/USD on Monday made an intra‐day low of US$1.5342/GBP and made an intraday high of US$1.5464/GBP and settled the day down by 0.390% at US$1.5432/GBP on session close.
Trading Strategy: Neutral
Based on today’s market, sell below 1.5480-1.5510, targeting 1.5320-1.5250; alternatively, a break above 1.5570 might call for 1.5685—1.5720 and 1.5800. Buying can be done 1.5300-1.5410 targeting 1.5510-1.5570 and 1.5630-1.5690; stop-loss with four-hour closing below 1.5260.


USD/JPY on Monday an intra‐day low of JPY97.21/USD and made an intraday high of JPY 98.69/USD and settled the day 0.183% down at JPY97.71/USD on session close.
Trading Strategy: Neutral
Based on today’s market, Buy above 96.70-97.30, using a stop loss of 95.70, targeting 99.80-100.50. Sell below 99.20-99.80, using a stop loss of 100.50, targeting 98.05-97.30 and 95.70-94.60.


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Ajawed
 
Posts: 328
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Re: IKON FINANCE Forex Analysis (June)

Postby Ajawed » Wed Jun 26, 2013 6:45 am

June 26, 2013

Gold (spot) closed down on Tuesday made its intraday high of US$1289.50/ounce before setting intraday low of US$1271.50/ounce. Gold went down by0.396%at US$1277.12/ounce.
Trading Strategy: Neutral
Sell at strength at 1268-1288; targeting 1244-1238 and 1230-1218, upside breakage of 1290 will lead to 1305-1320 and 1334-1338. Buy on dips at 1236-1244with strict stop loss below 12301-hourly closing; targeting 1260-1274 and 1284-1293; break below 1230 will call for 1218-1205.


Silver (spot) closed down on Tuesday made its intraday high of US$19.85/ounce before setting intraday low of US$19.46/ounce. Silver settled 2.03% down at US$19.62/ounce.
Trading Strategy: Neutral
Short positions at 19.30-19.90 with stop above 20.50; targeting 18.50-17.90, upside breakout of 20.50 will open the way to 21.30-21.90 and 22.50-22.90. Buyers can buy above 17.90, targeting 19.30-19.90 and 20.10-20.50 with risk below 17.05.

Crude futures (July 2013) on Tuesday made an intra‐day high of US$96.14/bbl and made an intraday low of US$94.57/bbl and settled up by 0.221%at US$95.21/bbl on session close.
Trading Strategy: Neutral
Based on today’s market, we prefer to short oil below 94.90-95.70, targeting 92.90-92.20 and 91.60-90.05. Stop loss with four-hour closing above 97.05. Buy above 91.60 targeting 93.60-94.90 and 95.70-97.05.


EUR/USD on Tuesday made an intra‐day low ofUS$1.3064/EUR and made an intraday high of US$1.3149/EUR and settled the day 0.320%downat US$1.3075/EUR on session close.
Trading Strategy: Neutral
Based on today’s market, selling the pair 1.3100-1.3190 with risk above 1.3250; targeting 1.3010-1.2950; whereas, buying can be done above1.3000 targeting 1.3150-1.3240 and 1.3390with stop-loss with four-hour closing below 1.2950.


GBP/USD on Tuesday made an intra‐day low ofUS$1.5396/GBP and made an intraday high of US$1.5476/GBP and settled the day down by 0.07% at US$1.5420/GBP on session close.
Trading Strategy: Neutral
Based on today’s market, sell below 1.5480-1.5510, targeting 1.5320-1.5250; alternatively, a break above 1.5570 might call for 1.5685—1.5720 and 1.5800. Buying can be done 1.5300-1.5410targeting 1.5510-1.5570 and 1.5630-1.5690; stop-loss with four-hour closing below 1.5260.


USD/JPY on Tuesday an intra‐day low of JPY96.95/USD and made an intraday high of JPY98.05/USD and settled the day 0.081%upat JPY97.80/USD on session close.
Trading Strategy: Neutral
Based on today’s market, Buy above 96.70-97.30, using a stop loss of 95.70, targeting 99.80-100.50. Sell below 99.20-99.80, using a stop loss of 100.50, targeting 98.05-97.30 and 95.70-94.60.


http://www.ikonfinance.com/
Ajawed
 
Posts: 328
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Re: IKON FINANCE Forex Analysis (June)

Postby Ajawed » Thu Jun 27, 2013 6:19 am

June 27, 2013

Gold (spot) closed down on Wednesday made its intraday high of US$1277.67/ounce before setting intraday low of US$1221.68/ounce. Gold went down by 3.99% at US$1226.13/ounce.
Trading Strategy: Neutral to Sell Strength
Sell at strength at 1248-1264; targeting 1230-1218 and 1205, upside breakage of 1270 will lead to 1284-1290 and 1305-1320. Buy on dips at 1218-1205with strict stop loss below 11951-hourly closing; targeting 1248-1260 and 1274-1284; break below 1195 will call for 1170-1150.


Silver (spot) closed down on Wednesday made its intraday high of US$19.65/ounce before setting intraday low of US$19.43/ounce. Silver settled 5.609% down at US$18.51/ounce.
Trading Strategy: Neutral to Strength
Short positions at 19.30-19.90 with stop above 20.50; targeting 18.50-17.90, upside breakout of 20.50 will open the way to 21.30-21.90 and 22.50-22.90. Buyers can buy above 17.90, targeting 19.30-19.90 and 20.10-20.50 with risk below 17.05.


Crude futures (July 2013) on Wednesday made an intra‐day high of US$96.67/bbl and made an intraday low of US$93.65/bbl and settled up by 0.304% at US$95.45/bbl on session close.
Trading Strategy: Neutral
Based on today’s market, we prefer to short oil below 95.90-97.05, targeting 94.90-94.20 and 92.90-92.20. Stop loss with four-hour closing above 98.40.Buy above 92.20-92.90targeting 93.60-94.90 and 95.70-97.05.


EUR/USD on Wednesday made an intra‐day low of US$1.2983/EUR and made an intraday high of US$1.3086/EUR and settled the day 0.497% down at US$1.3010/EUR on session close.
Trading Strategy: Neutral
Based on today’s market, selling the pair 1.3100-1.3190 with risk above 1.3250; targeting 1.3010-1.2950; whereas, buying can be done above1.3000 targeting 1.3150-1.3240 and 1.3390with stop-loss with four-hour closing below 1.2950.


GBP/USD on Wednesday made an intra‐day low of US$1.5296/GBP and made an intraday high of US$1.5439/GBP and settled the day down by 0.706% at US$1.5311/GBP on session close.
Trading Strategy: Neutral
Based on today’s market, sell below 1.5480-1.5510, targeting 1.5320-1.5250; alternatively, a break above 1.5570 might call for 1.5685—1.5720 and 1.5800. Buying can be done 1.5300-1.5410targeting 1.5510-1.5570 and 1.5630-1.5690; stop-loss with four-hour closing below 1.5270.


USD/JPY on Wednesday an intra‐day low of JPY97.23/USD and made an intraday high of JPY97.74/USD and settled the day 0.081% up at JPY97.74/USD on session close.
Trading Strategy: Neutral
Based on today’s market, Buy above 96.70-97.30, using a stop loss of 95.70, targeting 99.80-100.50. Sell below 99.20-99.80, using a stop loss of 100.50, targeting 98.05-97.30 and 95.70-94.60.


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Ajawed
 
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