IKON FINANCE Forex Analysis (August)

IKON FINANCE Forex Analysis (August)

Postby Ajawed » Thu Aug 01, 2013 6:21 am

August 1, 2013

Gold (spot) closed down on Wednesday made its intraday high of US$1,339.01/ounce after setting intraday low of US$1,305.74/ounce. Gold went down by 0.087% at US$1,324.69/ounce.
Trading Strategy: Neutral
Sell at strength at 1328-1338; targeting 1324-1316 and 1309-1301, upside breakage of 1347 will lead to 1352-1358 and 1364-1374. Buy on dips at 1303-1309 with strict stop loss below 1296 1-hourly closing; targeting 1328-1338 and 1346-1352; break below 1296 will call for 1292-1288 and 1282.


Silver (spot) closed up on Wednesday made its intraday high of US$20.13/ounce after setting intraday low of US$19.39/ounce. Silver settled 0.506% up at US$19.83/ounce.
Trading Strategy: Neutral
Short positions at 19.90-20.20 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 19.10-19.50, targeting 20.30-20.60 and 20.80-21.30 with risk below 18.70.


Crude futures (July 2013) on Wednesday made an intra‐day high of US$105.40/bbl and made an intraday low of US$102.90/bbl and settled up by 2.104% at US$102.90/bbl on session close.
Trading Strategy: Neutral
Sell in-between 105.90-106.90 with risk above 107.50; targeting 104.50-103.90 and 102.90-101.90. Buy above 103.60-102.90 using a stop loss of 102.00, targeting 104.50-105.50 and 106.90-107.50.


EUR/USD on Wednesday made an intra‐day low of US$1.3208/EUR and made an intraday high of US$1.3343/EUR and settled the day 0.301% up at US$1.3301/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 Wednesday made an intra‐day low of US$1.5123/GBP and made an intraday high of US$1.5253/GBP and settled the day down by 0.203% at US$1.5204/GBP on session close.
Trading Strategy: Neutral
Based on today’s market, sell below 1.5190-1.5290, stop loss below 1.5305 targeting 1.5150 and 1.5070-1.4990. Buying can be done above 1.5120-1.5070 targeting 1.5240-1.5290 and 1.5360-1.5400; alternatively, a break below 1.5040 might call for 1.4980-1.4890.

USD/JPY on Wednesday an intra‐day low of JPY97.57/USD and made an intraday high of JPY 98.53/USD and settled the day 0.153% down at JPY98.53/USD on session close.
Trading Strategy: Neutral
Based on today’s market, sell below 98.90-99.30, using a stop loss of 100.20, targeting 97.20-96.75 and 95.70. Alternatively, a break above 100.20 might call for 100.50-101.20. Buy above 97.60-96.90, using a stop loss of below 96.50, 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 (August)

Postby Ajawed » Fri Aug 02, 2013 5:55 am

August 2, 2013

Gold (spot) closed down on Thursday made its intraday high of US$1,330.93/ounce after setting intraday low of US$1,307.76/ounce. Gold went down by 1.066% at US$1,310.18/ounce.
Trading Strategy: Neutral
Sell at strength at 1296-1309; targeting 1282-1274 and 1266-1260, upside breakage of 1316 will lead to 1324-1331 and 1338-1346. Buy on dips at 1274-1282 with strict stop loss below 1266 1-hourly closing; targeting 1290-1296 and 1303-1316; break below 1266 will call for 1260-1254.


Silver (spot) closed down on Thursday made its intraday high of US$19.98/ounce after setting intraday low of US$19.54/ounce. Silver settled 1.15% down at US$19.60/ounce.
Trading Strategy: Neutral
Short positions at 19.70-20.05 with stop above 20.60; targeting 19.30-19.10 and 18.70, upside breakout of 20.60 will open the way to 21.20-21.60. Buyers can buy above 18.90-19.20, targeting 20.30-20.60 and 20.80-21.30 with risk below 18.70 hourly closing.


Crude futures (July 2013) on Thursday made an intra‐day high of US$108.04/bbl and made an intraday low of US$105.08/bbl and settled up by 2.432% at US$107.80/bbl on session close.
Trading Strategy: Neutral
Sell in-between 108.90-109.40 with risk above 110; targeting 107.70-106.80 and 105.90-105.20. Buy above 106.80-107.75 using a stop loss of 106.60, targeting 108.90-109.40 and 110.60.


EUR/USD on Thursday made an intra‐day low of US$1.3193/EUR and made an intraday high of US$1.3309/EUR and settled the day 0.721% down at US$1.3204/EUR on session close.
Trading Strategy: Neutral
Based on today’s market, Buying the pair above 1.3190-1.3150 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$1.5109/GBP and made an intraday high of US$1.5241/GBP and settled the day down by 0.578% at US$1.5117/GBP on session close.
Trading Strategy: Neutral
Based on today’s market, sell below 1.5150-1.5190, stop loss above 1.5305 targeting 1.5150 and 1.5070-1.4990. Buying can be done above 1.5090-1.5050 targeting 1.5240-1.5290 and 1.5360-1.5400; alternatively, a break below 1.5040 might call for 1.4980-1.4890.


USD/JPY on Thursday an intra‐day low of JPY97.64/USD and made an intraday high of JPY 99.56/USD and settled the day 0.170% up at JPY99.53/USD on session close.
Trading Strategy: Neutral
Based on today’s market, sell below 99.90-100.20, using a stop loss of 100.80, targeting 97.20-96.75 and 95.70. Alternatively, a break above 100.80 might call for 101.20-101.55. Buy above 98.50-97.60, using a stop loss of below 96.90, targeting 99.90-100.80.


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

Re: IKON FINANCE Forex Analysis (August)

Postby Ajawed » Mon Aug 05, 2013 6:32 am

August 5, 2013

Gold (spot) closed up on Friday made its intraday high of US$1,318.39/ounce after setting intraday low of US$1,283.10/ounce. Gold went up by 0.177% at US$1,311.68/ounce.
Trading Strategy: Neutral
Sell at strength at 1316-1324; targeting 1303-1294 and 1282-1274, upside breakage of 1331 will lead to 1338-1346. Buy on dips at 1294-1303 with strict stop loss below 1282 1-hourly closing; targeting 1316-1324 and 1331-1338; break below 1282 will call for 1274-1266 and 1260-1254.


Silver (spot) closed up on Friday made its intraday high of US$20.30/ounce after setting intraday low of US$19.21/ounce. Silver settled 1.48% up at US$19.87/ounce.
Trading Strategy: Neutral
Short positions at 20.05-20.30 with stop above 20.60; targeting 19.30-19.10 and 18.70, upside breakout of 20.60 will open the way to 20.80-21.20 and 21.60. Buyers can buy above 19.30-19.60, targeting 20.30-20.60 and 20.80-21.30 with risk below 19.00 hourly closing.


Crude futures (July 2013) on Friday made an intra‐day high of US$108.74/bbl and made an intraday low of US$106.44/bbl and settled down by 0.853% at US$106.83/bbl on session close.
Trading Strategy: Neutral
Sell in-between 107.50-108.90 with risk above 109.40; targeting 107.70-106.80 and 105.90-105.20. Buy above 106.00 using a stop loss of 105.40, targeting 107.50-108.90 and 109.40-110.60.


EUR/USD on Friday made an intra‐day low of US$1.3187/EUR and made an intraday high of US$1.3293/EUR and settled the day 0.568% up at US$1.3279/EUR on session close.
Trading Strategy: Neutral
Based on today’s market, Buying the pair above 1.3190-1.3150 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 Friday made an intra‐day low of US$1.5101/GBP and made an intraday high of US$1.5307/GBP and settled the day up by 0.718% at US$1.5290/GBP on session close.
Trading Strategy: Neutral
Based on today’s market, sell between 1.5290-1.5360, stop loss above 1.5390 targeting 1.5240-1.5190 and 1.5150-1.5070. Buying can be done above 1.5150-1.5190 targeting 1.5240-1.5290 and 1.5360-1.5400; alternatively, a break below 1.5120 might call for 1.5070-1.5020 and 1.4980-1.4890.


USD/JPY on Friday an intra‐day low of JPY98.65/USD and made an intraday high of JPY 99.93/USD and settled the day 0.592% down at JPY98.94/USD on session close.
Trading Strategy: Neutral
Based on today’s market, sell below 98.90-99.90, using a stop loss of 100.20, targeting 97.20-96.75 and 95.70. Alternatively, a break above 100.20 might call for 100.80-101.20 and 101.55. Buy above 98.20-97.60, using a stop loss of below 96.90, targeting 99.90-100.80.


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

Re: IKON FINANCE Forex Analysis (August)

Postby Ajawed » Tue Aug 06, 2013 6:05 am

August 6, 2013

Gold (spot) closed down on Monday made its intraday high of US$1,320.59/ounce after setting intraday low of US$1,297.36/ounce. Gold went down by 0.745% at US$1,302.57/ounce.
Trading Strategy: Neutral
Sell at strength at 1300-1309; targeting 1300-1294 and 1288-1282, upside breakage of 1321 will lead to 1331-1338 and 1346. Buy on dips at 1284-1278 with strict stop loss below 1274 1-hourly closing; targeting 1300-1309 and 1316-1324; break below 1274 will call for 1266-1260 and 1254.


Silver (spot) closed down on Monday made its intraday high of US$20.02/ounce after setting intraday low of US$19.56/ounce. Silver settled 0.906% down at US$19.68/ounce.
Trading Strategy: Neutral
Short positions at 19.90-20.30 with stop above 20.60; targeting 19.60-19.20 and 19.10-18.70, upside breakout of 20.60 will open the way to 20.80-21.20 and 21.60. Buyers can buy above 19.20-19.60, targeting 20.30-20.60 and 20.80-21.30 with risk below 18.90 hourly closing.


Crude futures (July 2013) on Monday made an intra‐day high of US$107.67/bbl and made an intraday low of US$105.69/bbl and settled down by 0.309% at US$106.43/bbl on session close.
Trading Strategy: Neutral
Sell in-between 106.90-107.90 with risk above 108.90; targeting 107.70-106.80 and 105.90-105.20. Buy above 106.00 using a stop loss of 105.40, targeting 107.50-108.90 and 109.40-110.60.


EUR/USD on Monday made an intra‐day low of US$1.3231/EUR and made an intraday high of US$1.3299/EUR and settled the day 0.180% down at US$1.3257/EUR on session close.
Trading Strategy: Neutral
Based on today’s market, Buying the pair above 1.3190-1.3150 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$1.5377/GBP and made an intraday high of US$1.5377/GBP and settled the day up by 0.425% at US$1.5353/GBP on session close.
Trading Strategy: Neutral
Based on today’s market, sell between 1.5360-1.5410, stop loss above 1.5450 targeting 1.5240-1.5190 and 1.5150-1.5070. Buying can be done above 1.5310-1.5240 targeting 1.5360-1.5410 and 1.5450-1.5540; alternatively, a break below 1.5190 might call for 1.5150-1.5070 and 1.5020-1.4980.


USD/JPY on Monday an intra‐day low of JPY98.18/USD and made an intraday high of JPY 99.14/USD and settled the day 0.556% down at JPY98.28/USD on session close.
Trading Strategy: Neutral
Based on today’s market, sell below 98.90-99.90, using a stop loss of 100.20, targeting 97.20-96.75 and 95.70. Alternatively, a break above 100.20 might call for 100.80-101.20 and 101.55. Buy above 98.20-97.60, using a stop loss of below 96.90, targeting 99.90-100.80.


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

Re: IKON FINANCE Forex Analysis (August)

Postby Ajawed » Wed Aug 07, 2013 5:50 am

August 7, 2013

Gold (spot) closed down on Tuesday made its intraday high of US$1,307.14/ounce after setting intraday low of US$1,297.01/ounce. Gold went down by 1.629% at US$1,282.65/ounce.
Trading Strategy: Neutral
Sell at strength at 1284-1294; targeting 1300-1294 and 1288-1282, upside breakage of 1303 will lead to 1309-1320 and 1331-1338. Buy on dips at 1274-1266 with strict stop loss below 1260 1-hourly closing; targeting 1284-1294 and 1300-1309; break below 1274 will call for 1266-1260 and 1254.


Silver (spot) closed down on Tuesday made its intraday high of US$19.81/ounce after setting intraday low of US$19.48/ounce. Silver settled 0.964% down at US$19.50/ounce.
Trading Strategy: Neutral
Short positions at 19.80-20.20 with stop above 20.60; targeting 19.40-19.20 and 19.10-18.70, upside breakout of 20.60 will open the way to 20.80-21.20 and 21.60. Buyers can buy above 19.05-19.30, targeting 19.75-20.05 and 20.30-20.60 with risk below 18.70 hourly closing.


Crude futures (July 2013) on Tuesday made an intra‐day high of US$107.25/bbl and made an intraday low of US$104.68/bbl and settled down by 0.732% at US$105.68/bbl on session close.
Trading Strategy: Neutral
Sell in-between 105.60-106.90 with risk above 107.50; targeting 104.90-104.60 and 103.60-102.60. Buy above 103.60 using a stop loss of 102.60, targeting 105.60-106.90 and 107.50-108.90


EUR/USD on Tuesday made an intra‐day low of US$1.3245/EUR and made an intraday high of US$1.3322/EUR and settled the day 0.346% down at US$1.3303/EUR on session close.
Trading Strategy: Neutral
Based on today’s market, Buying the pair above 1.3190-1.3150 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$1.5330/GBP and made an intraday high of US$1.5390/GBP and settled the day up by 0.425% at US$1.5353/GBP on session close.
Trading Strategy: Neutral
Based on today’s market, sell between 1.5360-1.5410, stop loss above 1.5450 targeting 1.5240-1.5190 and 1.5150-1.5070. Buying can be done above 1.5310-1.5240 targeting 1.5360-1.5410 and 1.5450-1.5540; alternatively, a break below 1.5190 might call for 1.5150-1.5070 and 1.5020-1.4980.


USD/JPY on Tuesday an intra‐day low of JPY97.50/USD and made an intraday high of JPY 98.47/USD and settled the day 0.574% down at JPY97.72/USD on session close.
Trading Strategy: Neutral
Based on today’s market, sell below 97.60-98.90, using a stop loss of 100.20, targeting 97.20-96.75 and 95.70. Alternatively, a break above 100.20 might call for 100.80-101.20 and 101.55. Buy above 95.90-95.20, using a stop loss of below 94.60, targeting 99.90-100.80.


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

Re: IKON FINANCE Forex Analysis (August)

Postby Ajawed » Thu Aug 08, 2013 4:58 am

August 8, 2013


Gold
(spot) closed up on Wednesday made its intraday high of US$1,289.49/ounce after setting intraday low of US$1,272.70/ounce. Gold went up by 0.393% at US$1,286.85/ounce.
Trading Strategy: Neutral
Sell at strength at 1294-1303; targeting 1282-1274 and 1266-1260, upside breakage of 1309 will lead to 1320 and 1331-1338. Buy on dips at 1274-1282 with strict stop loss below 1260 1-hourly closing; targeting 1294-1303 and 1309-1320; break below 1270 will call for 1266-1260 and 1254.


Silver
(spot) closed up on Wednesday made its intraday high of US$19.63/ounce after setting intraday low of US$19.15/ounce. Silver settled 0.410% up at US$19.56/ounce.
Trading Strategy: Neutral
Short positions at 19.80-20.20 with stop above 20.60; targeting 19.40-19.20 and 19.10-18.70, upside breakout of 20.60 will open the way to 20.80-21.20 and 21.60. Buyers can buy above 19.05-19.30, targeting 19.75-20.05 and 20.30-20.60 with risk below 18.70 hourly closing.


Crude futures (July 2013) on Wednesday made an intra‐day high of US$105.75/bbl and made an intraday low of US$104.08/bbl and settled down by 1.307% at US$104.18/bbl on session close.
Trading Strategy: Neutral
Sell in-between 105.60-106.90 with risk above 107.50; targeting 104.90-104.60 and 103.60-102.60. Buy above 103.60 using a stop loss of 102.60, targeting 105.60-106.90 and 107.50-108.90


EUR/USD on Wednesday made an intra‐day low of US$1.3264/EUR and made an intraday high of US$1.3344/EUR and settled the day 0.233% down at US$1.3334/EUR on session close.
Trading Strategy: Neutral
Based on today’s market, Buying the pair above 1.3240-1.3190 targeting 1.3320-1.3410 with stop-loss with four-hour closing below 1.3120. Selling can 1.3360-1.3410 with risk above 1.3420; targeting 1.3310-1.3240 and 1.3170-1.3120; alternatively, break above 1.3420 might call for 1.3490-1.3520.


GBP/USD on Wednesday made an intra‐day low of US$1.5203/GBP and made an intraday high of US$1.5529/GBP and settled the day up by 0.905% at US$1.5486/GBP on session close.
Trading Strategy: Neutral
Based on today’s market, sell between 1.5510-1.5610, stop loss above 1.5690 targeting 1.5410-1.5310 and 1.5240-1.5190. Buying can be done above 1.5310-1.5240 targeting 1.5540-1.5610; alternatively, a break below 1.5190 might call for 1.5150-1.5070 and 1.5020-1.4980.


USD/JPY on Wednesday an intra‐day low of JPY96.31/USD and made an intraday high of JPY 97.80/USD and settled the day 1.432% down at JPY96.32/USD on session close.
Trading Strategy: Neutral
Based on today’s market, sell below 97.60-98.70, using a stop loss of 99.20, targeting 96.75-95.70 and 94.50. Alternatively, a break above 99.20 might call for 99.80-100.20 and 100.80-101.20. Buy above 95.90-95.20, using a stop loss of below 94.60, targeting 99.90-100.80.


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

Re: IKON FINANCE Forex Analysis (August)

Postby Ajawed » Tue Aug 13, 2013 7:04 am

August 13, 2013

Gold (spot) closed up on Monday made its intraday high of US$1,343.77/ounce after setting intraday low of US$1,314.08/ounce. Gold went up by 1.797% at US$1,337.82/ounce.
Trading Strategy: Neutral
Sell at strength at 1338-1346; targeting 1324-1309 and 1303-1296, upside breakage of 1346 will lead to 1357-1366. Buy on dips at 1309-1318 with strict stop loss below 1296 1-hourly closing; targeting 1336-1346 and 1352-1356; break below 1296 will call for 1289-1282 and 1274.


Silver (spot) closed up on Monday made its intraday high of US$21.46/ounce after setting intraday low of US$20.65/ounce. Silver settled 3.434% up at US$21.38/ounce.
Trading Strategy: Neutral
Buyers can buy above 20.60-20.90, targeting 21.30-21.95 and 22.30 with risk below 20.05 hourly closing. Short positions at 21.50-21.95 with stop above 22.40; targeting 20.60-20.30 and 20.05-19.80 upside breakout of 22.40 will open the way to 22.90-23.30 and 24.40.


Crude futures (July 2013) on Monday made an intra‐day high of US$106.44/bbl and made an intraday low of US$105.02/bbl and settled down by 0.302% at US$106.14/bbl on session close.
Trading Strategy: Neutral
Sell in-between 106.90-107.90 with risk above 108.60; targeting 105.60-104.90 and 104.60-103.20. Buy above 105.50-104.60 using a stop loss of 103.20, targeting 106.90 and 107.50-108.90.


EUR/USD on Monday made an intra‐day low of US$1.3276/EUR and made an intraday high of US$1.3343/EUR and settled the day 0.157% down at US$1.3298/EUR on session close.
Trading Strategy: Neutral
Based on today’s market, Buying the pair above 1.3240-1.3190 targeting 1.3320-1.3410 with stop-loss with four-hour closing below 1.3120. Selling can 1.3360-1.3410 with risk above 1.3420; targeting 1.3310-1.3240 and 1.3170-1.3120; alternatively, break above 1.3420 might call for 1.3490-1.3520.


GBP/USD on Monday made an intra‐day low of US$1.5457/GBP and made an intraday high of US$1.5520/GBP and settled the day down by 0.174% at US$1.5460/GBP on session close.
Trading Strategy: Neutral
Based on today’s market, sell between 1.5525-1.5610, stop loss above 1.5690 targeting 1.5410-1.5310 and 1.5240-1.5190. Buying can be done above 1.5400-1.5310 targeting 1.5540-1.5610; alternatively, a break below 1.5250 might call for 1.5150-1.5070 and 1.5020-1.4980.


USD/JPY on Monday an intra‐day low of JPY95.91/USD and made an intraday high of JPY 96.92/USD and settled the day 0.623% up at JPY96.89/USD on session close.
Trading Strategy: Neutral
Based on today’s market, sell below 97.60-98.70, using a stop loss of 99.20, targeting 95.70-94.50. Alternatively, a break above 99.20 might call for 99.80-100.20 and 100.80-101.20. Buy above 95.90-95.20, using a stop loss of below 94.60, targeting 99.90-100.80.


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

Re: IKON FINANCE Forex Analysis (August)

Postby Ajawed » Thu Aug 15, 2013 7:47 am

August 15, 2013

Gold (spot) closed up on Wednesday made its intraday high of US$1,335.94/ounce after setting intraday low of US$1,315.67/ounce. Gold went up by 1.077% at US$1,335.54/ounce.
Trading Strategy: Neutral
Sell at strength at 1342-1352; targeting 1334-1324 and 1316-1309, upside breakage of 1357 will lead to 1366-1374. Buy on dips at 1316-1324 with strict stop loss below 1309 1-hourly closing; targeting 1336-1346 and 1352-1356; break below 1309 will call for 1289-1282 and 1274.


Silver (spot) closed up on Wednesday made its intraday high of US$21.87/ounce after setting intraday low of US$21.28/ounce. Silver settled 2.055% up at US$21.85/ounce.
Trading Strategy: Neutral
Buyers can buy above 21.45-21.90, targeting 22.30-22.75 and 23.10 with risk below 21.05 hourly closing. Short positions at 22.20-22.75 with stop above 23.10; targeting 21.90-21.45 and 21.05-20.85 upside breakout of 23.10 will open the way to 23.95-24.40.


Crude futures (July 2013) on Wednesday made an intra‐day high of US$107.03/bbl and made an intraday low of US$105.58/bbl and settled down by 0.488% at US$106.99/bbl on session close.
Trading Strategy: Neutral
Sell in-between 107.50-108.10 with risk above 108.60; targeting 106.30-105.60 and 104.90-104.60. Buy above 105.50-104.60 using a stop loss of 103.20, targeting 106.90 and 107.50-108.90.


EUR/USD on Wednesday made an intra‐day low of US$1.3238/EUR and made an intraday high of US$1.3279/EUR and settled the day 0.06% down at US$1.3253/EUR on session close.
Trading Strategy: Neutral
Based on today’s market, Buying the pair above 1.3240-1.3190 targeting 1.3320-1.3410 with stop-loss with four-hour closing below 1.3120. Selling can 1.3310-1.3360 with risk above 1.3420; targeting 1.3310-1.3240 and 1.3170-1.3120; alternatively, break above 1.3420 might call for 1.3490-1.3520.


GBP/USD on Wednesday made an intra‐day low of US$1.5421/GBP and made an intraday high of US$1.5545/GBP and settled the day down by 0.336% at US$1.5497/GBP on session close.
Trading Strategy: Neutral
Based on today’s market, sell between 1.5550-1.5610, stop loss above 1.5690 targeting 1.5410-1.5310 and 1.5240-1.5190. Buying can be done above 1.5400-1.5310 targeting 1.5540-1.5610; alternatively, a break below 1.5250 might call for 1.5150-1.5070 and 1.5020-1.4980.


USD/JPY on Wednesday an intra‐day low of JPY97.85/USD and made an intraday high of JPY 98.42/USD and settled the day 0.081% up at JPY98.11/USD on session close.
Trading Strategy: Neutral
Based on today’s market, sell below 97.90-98.70, using a stop loss of 99.20, targeting 95.70-94.50. Alternatively, a break above 99.20 might call for 99.80-100.20 and 100.80-101.20. Buy above 95.90-96.30, using a stop loss of below 94.60, targeting 99.90-100.80.


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

Re: IKON FINANCE Forex Analysis (August)

Postby Ajawed » Fri Aug 16, 2013 7:29 am

August 16, 2013

Gold (spot) closed up on Thursday made its intraday high of US$1,370.16/ounce after setting intraday low of US$1,318.80/ounce. Gold went up by 2.235% at US$1,365.44/ounce.
Trading Strategy: Neutral
Sell at strength at 1368-1374; targeting 1361-1352 and 1346-1338, upside breakage of 1378 will lead to 1384-1394. Buy on dips at 1352-1346 with strict stop loss below 1338 1-hourly closing; targeting 1368-1378 and 1384-1394; break below 1338 will call for 1331-1324 and 1316-1309.


Silver (spot) closed up on Thursday made its intraday high of US$23.19/ounce after setting intraday low of US$21.72/ounce. Silver settled 4.983% up at US$22.96/ounce.
Trading Strategy: Neutral
Buyers can buy above 21.90-22.20, targeting 23.20-23.90 with risk below 21.40 hourly closing. Short positions at 23.20-23.50 with stop above 23.95; targeting 22.60-22.20 and 21.90-21.45 upside breakout of 23.95 will open the way to 24.40-24.90.


Crude futures (July 2013) on Thursday made an intra‐day high of US$107.85/bbl and made an intraday low of US$106.58/bbl and settled down by 0.277% at US$107.26/bbl on session close.
Trading Strategy: Neutral
Sell in-between 107.50-108.10 with risk above 108.60; targeting 106.30-105.60 and 104.90-104.60. Buy above 105.50-104.60 using a stop loss of 103.20, targeting 106.90 and 107.50-108.90.


EUR/USD on Thursday made an intra‐day low of US$1.3204/EUR and made an intraday high of US$1.3362/EUR and settled the day 0.694% up at US$1.3345/EUR on session close.
Trading Strategy: Neutral
Based on today’s market, Buying the pair above 1.3240-1.3190 targeting 1.3320-1.3410 with stop-loss with four-hour closing below 1.3120. Selling can 1.3360-1.3410 with risk above 1.3430; targeting 1.3310-1.3240 and 1.3170-1.3120; alternatively, break above 1.3420 might call for 1.3490-1.3520.


GBP/USD on Thursday made an intra‐day low of US$1.5494/GBP and made an intraday high of US$1.5650/GBP and settled the day down by 0.896% at US$1.5637/GBP on session close.
Trading Strategy: Neutral
Based on today’s market, sell between 1.5650-1.5690, stop loss above 1.5760 targeting 1.5590-1.5550 and 1.5410-1.5310. Buying can be done above 1.5550-1.5440 targeting 1.5650-1.5690; alternatively, a break below 1.5400 might call for 1.5380-1.5280 and 1.5190-1.5150.


USD/JPY on Thursday an intra‐day low of JPY97.05/USD and made an intraday high of JPY 98.64/USD and settled the day 0.784% down at JPY97.34/USD on session close.
Trading Strategy: Neutral
Based on today’s market, sell below 97.90-98.70, using a stop loss of 99.20, targeting 95.70-94.50. Alternatively, a break above 99.20 might call for 99.80-100.20 and 100.80-101.20. Buy above 95.90-96.30, using a stop loss of below 94.60, targeting 99.90-100.80.

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

Re: IKON FINANCE Forex Analysis (August)

Postby Ajawed » Mon Aug 19, 2013 6:29 am

August 19, 2013

Gold (spot) closed up on Friday made its intraday high of US$1,379.67/ounce after setting intraday low of US$1,357.39/ounce. Gold went up by 0.782% at US$1,376.08/ounce.
Trading Strategy: Neutral
Sell at strength at 1379-1387; targeting 1361-1352 and 1346-1338, upside breakage of 1394 will lead to 1400-1415. Buy on dips at 1357-1369 with strict stop loss below 1357 1-hourly closing; targeting 1378 and 1384-1394; break below 1357 will call for 1351-1344 and 1338-1331.


Silver (spot) closed up on Friday made its intraday high of US$23.40/ounce after setting intraday low of US$22.77/ounce. Silver settled 1.308% up at US$23.22/ounce.
Trading Strategy: Neutral
Buyers can buy above 22.20-22.95, targeting 23.20-23.90 with risk below 21.95 hourly closing. Short positions at 23.50-23.95 with stop above 24.05; targeting 22.60-22.20 and 21.90-21.45 upside breakout of 24.05 will open the way to 24.40-24.90.


Crude futures (July 2013) on Friday made an intra‐day high of US$108.15/bbl and made an intraday low of US$106.54/bbl and settled down by 0.465% at US$107.68/bbl on session close.
Trading Strategy: Neutral
Sell in-between 107.50-108.10 with risk above 108.60; targeting 106.30-105.60 and 104.90-104.60. Buy above 105.50-104.60 using a stop loss of 103.20, targeting 106.90 and 107.50-108.90


EUR/USD on Friday made an intra‐day low of US$1.3310/EUR and made an intraday high of US$1.3379/EUR and settled the day 0.142% down at US$1.3327/EUR on session close.
Trading Strategy: Neutral
Based on today’s market, Buying the pair above 1.3240-1.3190 targeting 1.3320-1.3410 with stop-loss with four-hour closing below 1.3120. Selling can 1.3360-1.3410 with risk above 1.3430; targeting 1.3310-1.3240 and 1.3170-1.3120; alternatively, break above 1.3420 might call for 1.3490-1.3520.


GBP/USD on Friday made an intra‐day low of US$1.5606/GBP and made an intraday high of US$1.5655/GBP and settled the day down by 0.076% at US$1.5624/GBP on session close.
Trading Strategy: Neutral
Based on today’s market, sell between 1.5650-1.5690, stop loss above 1.5760 targeting 1.5590-1.5550 and 1.5410-1.5310. Buying can be done above 1.5550-1.5440 targeting 1.5650-1.5690; alternatively, a break below 1.5400 might call for 1.5380-1.5280 and 1.5190-1.5150.


USD/JPY on Friday an intra‐day low of JPY97.04/USD and made an intraday high of JPY 97.76/USD and settled the day 0.174% down at JPY97.51/USD on session close.
Trading Strategy: Neutral
Based on today’s market, sell below 97.90-98.70, using a stop loss of 99.20, targeting 95.70-94.50. Alternatively, a break above 99.20 might call for 99.80-100.20 and 100.80-101.20. Buy above 95.90-96.30, using a stop loss of below 94.60, targeting 99.90-100.80.


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

Next

Return to Forex Trading With IKON FINANCE