IKON FINANCE Forex Analysis (July)

Re: IKON FINANCE Forex Analysis (July)

Postby Ajawed » Mon Jul 29, 2013 6:34 am

July 29, 2013

Gold (spot) closed down on Friday made its intraday high of US$1,340.55/ounce after setting intraday low of US$1,312.34/ounce. Gold went down by 0.055% at US$1,333.39/ounce.
Trading Strategy: Neutral
Sell at strength at 1338-1346; targeting 1324-1315 and 1309-1301, upside breakage of 1352 will lead to 1358-1364 and 1369-1374. Buy on dips at 1309-1301 with strict stop loss below 1294 1-hourly closing; targeting 1338-1346 and 1352-1364; break below 1294 will call for 1288-1282.


Silver (spot) closed down on Friday made its intraday high of US$20.35/ounce after setting intraday low of US$19.65/ounce. Silver settled 1.235% down at US$19.98/ounce.
Trading Strategy: Neutral
Short positions at 20.05-20.50 with stop above 20.90; targeting 19.70 and 19.40-19.10, upside breakout of 20.90 will open the way to 21.20-21.60. Buyers can buy above 19.10-19.60, targeting 20.30-20.60 and 20.80-21.30 with risk below 18.70.


Crude futures (July 2013) on Thursday made an intra‐day high of US$105.62/bbl and made an intraday low of US$103.89/bbl and settled down by 0.881% at US$104.60/bbl on session close.
Trading Strategy: Neutral
Sell in-between 104.90-106.30 with risk above 107.50; targeting 103.90 and 103.20-102.40. Buy above 103.60-102.40 using a stop loss of 102.20, targeting 105.50-106.90 and 107.50-108.60.


EUR/USD on Thursday made an intra‐day low of US$1.3164/EUR and made an intraday high of US$1.3295/EUR and settled the day 0.590% up at US$1.3276/EUR on session close.
Trading Strategy: Neutral
Based on today’s market, Buying the pair above 1.3230-1.3170 targeting 1.3240-1.3320 and 1.3410 with stop-loss with four-hour closing below 1.3120. Selling can 1.3270-1.3290 with risk above 1.3320; targeting 1.3170-1.3120 and 1.3005-1.2905; alternatively, break above 1.3320 might call for 1.3410-1.3490.


GBP/USD on Thursday made an intra‐day low of US$1.5262/GBP and made an intraday high of US$1.5433/GBP and settled the day up by 0.502% at US$1.5388/GBP on session close.
Trading Strategy: Neutral
Based on today’s market, sell below 1.5400-1.5490, targeting 1.5290-1.5240 and 1.5150-1.5070. Buying can be done 1.5290-1.5240 targeting 1.5360-1.5400 and 1.5535; stop-loss with four-hour closing below 1.5190. Alternatively, a break below 1.5190 might call for 1.5150-1.5070.


USD/JPY on Thursday an intra‐day low of JPY98.88/USD and made an intraday high of JPY 100.44/USD and settled the day 0.965% up at JPY99.27/USD on session close.
Trading Strategy: Neutral
Based on today’s market, our opinion is selling the pair below 100.80-101.50 targeting 99.940-98.20 and 97.60-97.05 and stop-loss with four-hour closing above 101.20. Buy above 99.40, using a stop loss of 98.90, targeting 101.50-102.00 and 102.40.


http://www.ikonfinance.com/
Ajawed
 
Posts: 328
Joined: Tue Jan 22, 2013 4:22 am

Re: IKON FINANCE Forex Analysis (July)

Postby Ajawed » Tue Jul 30, 2013 7:05 am

July 30, 2013

Gold (spot) closed down on Monday made its intraday high of US$1,338.20/ounce after setting intraday low of US$1,322.77/ounce. Gold went down by 0.411% at US$1,327.82/ounce.
Trading Strategy: Neutral
Sell at strength at 1331-1344; targeting 1324-1315 and 1309-1301, upside breakage of 1352 will lead to 1358-1364 and 1369-1374. Buy on dips at 1309-1301 with strict stop loss below 1294 1-hourly closing; targeting 1338-1346 and 1352-1364; break below 1294 will call for 1288-1282.


Silver (spot) closed down on Monday made its intraday high of US$20.23/ounce after setting intraday low of US$19.70/ounce. Silver settled 0.501% down at US$19.86/ounce.
Trading Strategy: Neutral
Short positions at 19.95-20.40 with stop above 20.80; targeting 19.70 and 19.40-19.10, upside breakout of 20.80 will open the way to 21.20-21.60. Buyers can buy above 19.10-19.60, targeting 20.30-20.60 and 20.80-21.30 with risk below 18.70.


Crude futures (July 2013) on Monday made an intra‐day high of US$105.33/bbl and made an intraday low of US$103.85/bbl and settled down by 0.095% at US$104.49/bbl on session close.
Trading Strategy: Neutral
Sell in-between 104.90-106.30 with risk above 107.50; targeting 103.90 and 103.20-102.40. Buy above 103.60-102.40 using a stop loss of 102.20, targeting 105.50-106.90 and 107.50-108.60.


EUR/USD on Monday made an intra‐day low of US$1.3238/EUR and made an intraday high of US$1.3294/EUR and settled the day 0.173% down at US$1.3260/EUR on session close.
Trading Strategy: Neutral
Based on today’s market, Buying the pair above 1.3230-1.3170 targeting 1.3240-1.3320 and 1.3410 with stop-loss with four-hour closing below 1.3120. Selling can 1.3270-1.3290 with risk above 1.3320; targeting 1.3170-1.3120 and 1.3005-1.2905; alternatively, break above 1.3320 might call for 1.3410-1.3490.


GBP/USD on Monday made an intra‐day low of US$1.5327/GBP and made an intraday high of US$1.5412/GBP and settled the day down by 0.260% at US$1.5337/GBP on session close.
Trading Strategy: Neutral
Based on today’s market, sell below 1.5400-1.5490, targeting 1.5290-1.5240 and 1.5150-1.5070. Buying can be done 1.5290-1.5240 targeting 1.5360-1.5400 and 1.5535; stop-loss with four-hour closing below 1.5190. Alternatively, a break below 1.5190 might call for 1.5150-1.5070.


USD/JPY on Monday an intra‐day low of JPY97.62/USD and made an intraday high of JPY 98.33/USD and settled the day 0.122% down at JPY97.94/USD on session close.
Trading Strategy: Neutral
Based on today’s market, sell below 98.50, using a stop loss of 99.25, targeting 97.20-96.75 and 95.70. Alternatively, a break above 99.25 might call for 99.80-100.20-100.50. Buy above 96.90-96.50, using a stop loss of below 95.70, targeting 98.50-99.25.


http://www.ikonfinance.com/
Ajawed
 
Posts: 328
Joined: Tue Jan 22, 2013 4:22 am

Re: IKON FINANCE Forex Analysis (July)

Postby Ajawed » Wed Jul 31, 2013 7:10 am

July 31, 2013

Gold (spot) closed down on Tuesday made its intraday high of US$1,330.04/ounce after setting intraday low of US$1,317.13/ounce. Gold went down by 0.113% at US$1,325.84/ounce.
Trading Strategy: Neutral
Sell at strength at 1336-1346; targeting 1324-1316 and 1309-1301, upside breakage of 1352 will lead to 1358-1364 and 1369-1374. Buy on dips at 1316-1324 with strict stop loss below 1314 1-hourly closing; targeting 1338-1346 and 1352-1364; break below 1314 will call for 1309-1301 and 1294-1288.


Silver (spot) closed down on Tuesday made its intraday high of US$19.90/ounce after setting intraday low of US$19.53/ounce. Silver settled 0.454% down at US$19.76/ounce.
Trading Strategy: Neutral
Short positions at 19.95-20.40 with stop above 20.80; targeting 19.70 and 19.40-19.10, upside breakout of 20.80 will open the way to 21.20-21.60. Buyers can buy above 19.10-19.60, targeting 20.30-20.60 and 20.80-21.30 with risk below 18.70.


Crude futures (July 2013) on Tuesday made an intra‐day high of US$104.50/bbl and made an intraday low of US$102.66/bbl and settled down by 1.330% at US$103.66/bbl on session close.
Trading Strategy: Neutral
Sell in-between 102.60 with risk above 104.50; targeting 102.40-101.90 and 101-100.40. Buy above 103.60 using a stop loss of 102.00, targeting 104.50-105.50 and 106.90-107.50.


EUR/USD on Tuesday made an intra‐day low of US$1.3233/EUR and made an intraday high of US$1.3301/EUR and settled the day 0.007% up at US$1.3261/EUR on session close.
Trading Strategy: Neutral
Based on today’s market, Buying the pair above 1.3230-1.3170 targeting 1.3240-1.3320 and 1.3410 with stop-loss with four-hour closing below 1.3120. Selling can 1.3270-1.3290 with risk above 1.3320; targeting 1.3170-1.3120 and 1.3005-1.2905; alternatively, break above 1.3320 might call for 1.3410-1.3490.


GBP/USD on Tuesday made an intra‐day low of US$1.5226/GBP and made an intraday high of US$1.5352/GBP and settled the day down by 0.671% at US$1.5234/GBP on session close.
Trading Strategy: Neutral
Based on today’s market, sell below 1.5290-1.52400, targeting 1.5190-1.5150 and 1.5070-1.5040. Buying can be done above 1.5190 targeting 1.5240-1.5290 and 1.5360-1.5400; alternatively, a break below 1.5190 might call for 1.5150-1.5070.


USD/JPY on Tuesday an intra‐day low of JPY97.75/USD and made an intraday high of JPY 98.45/USD and settled the day 0.071% down at JPY98.01/USD on session close.
Trading Strategy: Neutral
Based on today’s market, sell below 98.50, using a stop loss of 99.25, targeting 97.20-96.75 and 95.70. Alternatively, a break above 99.25 might call for 99.80-100.20-100.50. Buy above 96.90-96.50, using a stop loss of below 95.70, targeting 98.50-99.25.

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Ajawed
 
Posts: 328
Joined: Tue Jan 22, 2013 4:22 am

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