Ikon Finance Daily Forex Analysis (December)

Re: Ikon Finance Daily Forex Analysis (December)

Postby Ajawed » Tue Dec 17, 2013 6:02 am

December 17, 2013

Gold (spot) closed up on Monday and made its intraday high of US$1252.10/ounce a before setting intraday low of US$1227.53/ounce. Gold went up by 0.299% at US$12241.40/ounce.
Trading Strategy: Neutral
Sell below 1250-1264; targeting 1239-1231 and 1224-1211, upside breakage of 1269 will lead to 1286-1294. Buy on dips at 1220-1204 with strict stop loss below 1198 1-hourly closing; targeting 1232-1244 and 1251-1265. Breakage below 1198 will call for 1190-1178.


Silver (spot) closed up on Monday made its intraday high of US$20.29/ounce after setting intraday low of US$19.43/ounce. Silver settled 1.680% up at US$19.97/ounce.
Trading Strategy: Neutral
Sell on Strength at 20.20-20.60 with stop above 20.60; targeting 19.75-19.35 and 19.10-18.70; upside breakout of 20.60 will open the way to 21.05 and 21.55-22.40. Buyers can buy above 19.45-18.90 targeting 19.40-20.40 and 20.60-20.95 with risk below 18.70 hourly closing.


Crude futures (Oct 2013) on Monday made an intra-day high of US$97.67/bbl and made an intraday low of US$96.20/bbl and settled up by 0.818% at US$97.33/bbl on session close.
Trading Strategy: Neutral
Buy above 96.60-95.50, targeting 97.50-98.70 and 99.20-100.20; stop loss below 94.90. Breakage below 94.90 will call for 93.90-93.05. Sell below 97.50-98.60 with risk above 99.20; targeting 95.40-94.05 and 93.20-92.50; upside breakage of 99.20 will lead to 100.20.


EUR/USD on Monday made an intra-day low of US$1.3726/EUR and made an intraday high of US$1.3797/EUR and settled the day up by 0.231% at US$1.3726/EUR on session close.
Trading Strategy: Neutral
Based on today’s market, buy on dips in between 1.3705- 1.3660 with risk below 1.3620, targeting 1.3790-1.3830. Sell below 1.3830 targeting 1.3730-1.3660 and 1.3600-1.3550 and stop-loss at 4-hour closing above 1.3830.


GBP/USD on Monday made an intra-day low of US$1.6287/GBP and made an intraday high of US$1.6347/GBP and settled the day up by 0.036% at US$1.6296/ GBP on session close.
Trading Strategy: Neutral
Based on today’s market, Buy above 1.6290-1.6260, targeting 1.6380-1.6470; breakage below 1.6260 may target 1.6200-1.6120.


USD/JPY on Monday an intra-day low of JPY102.63/USD and made an intraday high of JPY 103.28/USD and settled the day 0.251% down at JPY 103.00/USD on session close.
Trading Strategy: Neutral
Based on today’s market, buy on dips around 102.50- 101.50, using a stop loss of below 101.50; targeting 103.90-104.90.


http://www.ikonfinance.com/
Ajawed
 
Posts: 328
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Re: Ikon Finance Daily Forex Analysis (December)

Postby Ajawed » Wed Dec 18, 2013 3:40 am

December 18, 2013

Gold (spot) closed down on Tuesday and made its intraday high of US$1248.09/ounce a before setting intraday low of US$1227.11/ounce. Gold went down by 0.755% at US$12230.75/ounce.
Trading Strategy: Neutral
Sell below 1244-1264; targeting 1239-1231 and 1224-1211, upside breakage of 1269 will lead to 1286-1294. Buy on dips at 1228-1210 with strict stop loss below 1204 1-hourly closing; targeting 1232-1244 and 1251-1265. Breakage below 1204 will call for 1190-1178.


Silver (spot) closed down on Tuesday made its intraday high of US$20.24/ounce after setting intraday low of US$19.67/ounce. Silver settled 0.550% down at US$19.87/ounce.
Trading Strategy: Neutral
Sell on Strength at 20.20-20.60 with stop above 20.60; targeting 19.75-19.35 and 19.10-18.70; upside breakout of 20.60 will open the way to 21.05 and 21.55-22.40. Buyers can buy above 19.45-18.90 targeting 19.40-20.40 and 20.60-20.95 with risk below 18.70 hourly closing.


Crude futures (Oct 2013) on Tuesday made an intra-day high of US$97.67/bbl and made an intraday low of US$96.20/bbl and settled up by 0.818% at US$97.33/bbl on session close.
Trading Strategy: Neutral
Buy above 96.60-95.50, targeting 97.50-98.70 and 99.20-100.20; stop loss below 94.90. Breakage below 94.90 will call for 93.90-93.05. Sell below 97.50-98.60 with risk above 99.20; targeting 95.40-94.05 and 93.20-92.50; upside breakage of 99.20 will lead to 100.20.


EUR/USD on Tuesday made an intra-day low of US$1.3722/EUR and made an intraday high of US$1.3766/EUR and settled the day up by 0.050% at US$1.3766/EUR on session close.
Trading Strategy: Neutral
Based on today’s market, buy on dips in between 1.3730- 1.3660 with risk below 1.3620, targeting 1.3790-1.3830. Sell below 1.3800-1.3830 targeting 1.3730-1.3660 and 1.3600-1.3550 and stop-loss at 4-hour closing above 1.3830.


GBP/USD on Tuesday made an intra-day low of US$1.6218/GBP and made an intraday high of US$1.6334/GBP and settled the day down by 0.208% at US$1.6260/GBP on session close.
Trading Strategy: Neutral
Based on today’s market, Buy above 1.6260-1.6190, targeting 1.6380-1.6470; breakage below 1.6164 may target 1.6200-1.6120.


USD/JPY on Tuesday an intra-day low of JPY102.49/USD and made an intraday high of JPY 103.10/USD and settled the day 0.339% down at JPY 102.65/USD on session close.
Trading Strategy: Neutral
Based on today’s market, buy on dips around 102.50-101.50, using a stop loss of below 101.50; targeting 103.90-104.90.


http://www.ikonfinance.com/
Ajawed
 
Posts: 328
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Re: Ikon Finance Daily Forex Analysis (December)

Postby Ajawed » Thu Dec 19, 2013 6:00 am

December 19, 2013

Gold (spot) closed down on Wednesday and made its intraday high of US$1244.24/ ounce a before setting intraday low of US$1216.01/ounce. Gold went down by 1.019% at US$1217.90/ounce.
Trading Strategy: Neutral
Sell below 1226-1244; targeting 1239-1231 and 1224-1211, upside breakage of 1256 will lead to 1268-1278 and 1286-1294. Buy on dips at 1204-1211 with strict stop loss below 1198 1-hourly closing; targeting 1228-1244 and 1254-1268. Breakage below 1198 will call for 1190-1178.


Silver (spot) closed down on Wednesday made its intraday high of US$20.25/ounce after setting intraday low of US$19.58/ounce. Silver settled 1.054% down at US$19.71/ounce.
Trading Strategy: Neutral
Sell on Strength at 19.80-20.40 with stop above 20.60; targeting 19.75-19.35 and 19.10-18.70; upside breakout of 20.60 will open the way to 21.05 and 21.55-22.40. Buyers can buy above 19.45-18.90 targeting 19.40-20.40 and 20.60-20.95 with risk below 18.70 hourly closing.


Crude futures (Oct 2013) on Wednesday made an intra-day high of US$97.98/bbl and made an intraday low of US$97.02/bbl and settled up by 0.308% at US$97.59/bbl on session close.
Trading Strategy: Neutral
Buy above 96.60-95.50, targeting 97.50-98.70 and 99.20-100.20; stop loss below 94.90. Breakage below 94.90 will call for 93.90-93.05. Sell below 97.50-98.60 with risk above 99.20; targeting 95.40-94.05 and 93.20-92.50; upside breakage of 99.20 will lead to 100.20.


EUR/USD on Wednesday made an intra-day low of US$1.3673/EUR and made an intraday high of US$1.3309/EUR and settled the day up by 0.602% at US$1.3683/EUR on session close.
Trading Strategy: Neutral
Based on the charts and explanations above, sell below 1.3690-1.3760 targeting 1.3600-1.3550 and stop-loss at 4-hour closing above 1.3830. Buy on dips in between 1.3605-1.3550 with risk below 1.3470, targeting 1.3690-1.3790 and 1.3830.


GBP/USD on Wednesday made an intra-day low of US$1.6259/GBP and made an intraday high of US$1.6482/GBP and settled the day up by 0.774% at US$1.6388/ GBP on session close.
Trading Strategy: Neutral
Based on the charts and explanations above; Buy above 1.6260-1.6190, targeting 1.6380-1.6470; breakage below 1.6164 may target 1.6200-1.6120.


USD/JPY on Wednesday an intra-day low of JPY102.55/USD and made an intraday high of JPY 104.34/USD and settled the day 1.568% up at JPY 104.26/USD on session close.
Trading Strategy: Neutral
Based on the charts and explanations above, buy on dips around 103.20- 102.50, using a stop loss of below 101.50; targeting 103.90-104.90.


http://www.ikonfinance.com/
Ajawed
 
Posts: 328
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Re: Ikon Finance Daily Forex Analysis (December)

Postby Ajawed » Fri Dec 20, 2013 4:16 am

December 20, 2013

Gold (spot) closed down on Thursday and made its intraday high of US$1226.24/ounce a before setting intraday low of US$1187.21/ounce. Gold went down by 2.533% at US$1188.19/ounce.
Trading Strategy: Neutral
Sell below 1204-1226; targeting 1186-1178 and 1164-1150, upside breakage of 1236 will lead to 1244-1254 and 1268-1278. Buy on dips at 1190-1180 with strict stop loss below 1178 1-hourly closing; targeting 1228-1244 and 1254-1268. Breakage below 1178 will call for 1155.


Silver (spot) closed down on Thursday made its intraday high of US$19.92/ounce after setting intraday low of US$19.11/ounce. Silver settled 2.333% down at US$19.25/ounce.
Trading Strategy: Neutral
Sell on Strength at 19.45-20.20 with stop above 20.60; targeting 19.75-19.35 and 19.10-18.70; upside breakout of 20.60 will open the way to 21.05 and 21.55-22.40. Buyers can buy above 19.15-18.75 targeting 19.40-20.40 and 20.60-20.95 with risk below 18.70 hourly closing.


Crude futures (Oct 2013) on Thursday made an intra-day high of US$99.47/bbl and made an intraday low of US$97.75/bbl and settled up by 0.858% at US$97.72/bbl on session close.
Trading Strategy: Neutral
Buy above 97.40-96.60, targeting 98.70-99.60 and 100.20; stop loss below 96.05. Breakage below 96.05 will call for 95.40-94.90 and 93.90-93.05. Sell below 99.20- 98.60 with risk above 99.60; targeting 95.40-94.05 and 93.20-92.50; upside breakage of 99.60 will lead to 100.20.


EUR/USD on Thursday made an intra-day low of US$1.3648/EUR and made an intraday high of US$1.3693/EUR and settled the day down by 0.160% at US$1.3660/ EUR on session close.
Trading Strategy: Neutral
Based on today’s market, sell below 1.3660-1.3760 targeting 1.3600-1.3550 and stop-loss at 4-hour closing above 1.3830. Buy on dips in between 1.3605-1.3550 with risk below 1.3470, targeting 1.3690-1.3790 and 1.3830.


GBP/USD on Thursday made an intra-day low of US$1.6334/GBP and made an intraday high of US$1.6396/GBP and settled the day down by 0.134% at US$1.6367/GBP on session close.
Trading Strategy: Neutral
Based on today’s market, Buy above 1.6260-1.6190, targeting 1.6380-1.6470; breakage below 1.6164 may target 1.6200-1.6120.


USD/JPY on Thursday an intra-day low of JPY103.77/USD and made an intraday high of JPY 104.35/USD and settled the day 0.368% down at JPY 104.23/USD on session close.
Trading Strategy: Neutral
Based on today’s market, buy on dips around 103.90- 103.20, using a stop loss of below 102.50; targeting 104.90-105.60.


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

Re: Ikon Finance Daily Forex Analysis (December)

Postby Ajawed » Mon Dec 23, 2013 4:24 am

December 23, 2013

Gold (spot) closed down on Friday and made its intraday high of US$1207.65/ounce a before setting intraday low of US$1188.63/ounce. Gold went up by 1.183% at US$1202.95/ounce.
Trading Strategy: Neutral
Sell below 1204-1226; targeting 1186-1178 and 1164-1150, upside breakage of 1236 will lead to 1244-1254 and 1268-1278. Buy on dips at 1190-1180 with strict stop loss below 1178 1-hourly closing; targeting 1228-1244 and 1254-1268. Breakage below 1178 will call for 1155.


Silver (spot) closed up on Friday made its intraday high of US$19.50/ounce after setting intraday low of US$19.13/ounce. Silver settled 0.780% down at US$19.38/ounce.
Trading Strategy: Neutral
Sell on Strength at 19.45-20.20 with stop above 20.60; targeting 19.75-19.35 and 19.10-18.70; upside breakout of 20.60 will open the way to 21.05 and 21.55-22.40. Buyers can buy above 19.15-18.75 targeting 19.40-20.40 and 20.60-20.95 with risk below 18.70 hourly closing.


Crude futures (Oct 2013) on Friday made an intra-day high of US$99.38/bbl and made an intraday low of US$98.54/bbl and settled up by 0.476% at US$99.15/bbl on session close.
Trading Strategy: Neutral
Buy above 97.40-96.60, targeting 98.70-99.60 and 100.20; stop loss below 96.05. Breakage below 96.05 will call for 95.40-94.90 and 93.90-93.05. Sell below 99.60; targeting 95.40-94.05 and 93.20-92.50; upside breakage of 99.60 will lead to 100.20.


EUR/USD on Friday made an intra-day low of US$1.3624/EUR and made an intraday high of US$1.3708/EUR and settled the day up by 0.0874% at US$1.3672/EUR on session close.
Trading Strategy: Neutral
Based on today’s market, sell below 1.3660-1.3760 targeting 1.3600-1.3550 and stop-loss at 4-hour closing above 1.3830. Buy on dips in between 1.3605-1.3550 with risk below 1.3470, targeting 1.3690-1.3790 and 1.3830.


GBP/USD on Friday made an intra-day low of US$1.6314/GBP and made an intraday high of US$1.6393/GBP and settled the day down by 0.195% at US$1.6335/GBP on session close.
Trading Strategy: Neutral
Based on today’s market, Buy above 1.6260-1.6190, targeting 1.6380-1.6470; breakage below 1.6164 may target 1.6200-1.6120.


USD/JPY on Friday an intra-day low of JPY103.84/USD and made an intraday high of JPY 104.62/USD and settled the day 0.153% down at JPY 104.08/USD on session close.
Trading Strategy: Neutral
Based on today’s market, buy on dips around 103.90- 103.20, using a stop loss of below 102.50; targeting 104.90-105.60.


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

Re: Ikon Finance Daily Forex Analysis (December)

Postby Ajawed » Tue Dec 24, 2013 5:53 am

December 24, 2013

Gold (spot) closed down on Monday and made its intraday high of US$1206.01/ounce a before setting intraday low of US$1198.62/ounce. Gold went down by 0.349% at US$1198.62/ounce.
Trading Strategy: Neutral
Sell below 1204-1226; targeting 1186-1178 and 1164-1150, upside breakage of 1236 will lead to 1244-1254 and 1268-1278. Buy on dips at 1190-1180 with strict stop loss below 1178 1-hourly closing; targeting 1228-1244 and 1254-1268. Breakage below 1178 will call for 1155.


Silver (spot) closed up on Monday made its intraday high of US$19.54/ounce after setting intraday low of US$19.28/ounce. Silver settled 0.257% up at US$19.43/ounce.
Trading Strategy: Neutral
Sell on Strength at 19.45-20.20 with stop above 20.60; targeting 19.75-19.35 and 19.10-18.70; upside breakout of 20.60 will open the way to 21.05 and 21.55-22.40. Buyers can buy above 19.15-18.75 targeting 19.40-20.40 and 20.60-20.95 with risk below 18.70 hourly closing.


Crude futures (Oct 2013) on Monday made an intra-day high of US$99.30/bbl and made an intraday low of US$98.62/bbl and settled down by 0.494% at US$98.69/bbl on session close.
Trading Strategy: Neutral
Buy above 97.40-96.60, targeting 98.70-99.60 and 100.20; stop loss below 96.05. Breakage below 96.05 will call for 95.40-94.90 and 93.90-93.05. Sell below 99.60; targeting 95.40-94.05 and 93.20-92.50; upside breakage of 99.60 will lead to 100.20.


EUR/USD on Monday made an intra-day low of US$1.3666/EUR and made an intraday high of US$1.3715/EUR and settled the day up by 0.175% at US$1.3695/EUR on session close.
Trading Strategy: Neutral
Based on today’s market, sell below 1.3710-1.3790 targeting 1.3620-1.3550 and stop-loss at 4-hour closing above 1.3830. Buy on dips in between 1.3605-1.3550 with risk below 1.3470, targeting 1.3690-1.3790 and 1.3830.


GBP/USD on Monday made an intra-day low of US$1.6323/GBP and made an intraday high of US$1.6372/GBP and settled the day down by 0.116% at US$1.6353/GBP on session close.
Trading Strategy: Neutral
Based on today’s market; Buy above 1.6260-1.6190, targeting 1.6380-1.6470; breakage below 1.6164 may target 1.6200-1.6120.


USD/JPY on Monday an intra-day low of JPY103.76/USD and made an intraday high of JPY 104.11/USD and settled the day 0.105% up at JPY 104.09/USD on session close.
Trading Strategy: Neutral
Based on today’s market, buy on dips around 103.90- 103.20, using a stop loss of below 102.50; targeting 104.90-105.60.


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

Re: Ikon Finance Daily Forex Analysis (December)

Postby Ajawed » Thu Dec 26, 2013 4:16 am

December 26, 2013

Gold (spot) closed up on Tuesday and made its intraday high of US$1205.47/ounce a before setting intraday low of US$1195.89/ounce. Gold went up by 0.544% at US$1204.45/ounce.
Trading Strategy: Neutral
Sell below 1204-1226; targeting 1186-1178 and 1164-1150, upside breakage of 1236 will lead to 1244-1254 and 1268-1278. Buy on dips at 1190-1180 with strict stop loss below 1178 1-hourly closing; targeting 1228-1244 and 1254-1268. Breakage below 1178 will call for 1155.


Silver (spot) closed up on Tuesday made its intraday high of US$19.58/ounce after setting intraday low of US$19.32/ounce. Silver settled 0.154% up at US$19.45/ounce.
Trading Strategy: Neutral
Sell on Strength at 19.45-20.20 with stop above 20.60; targeting 19.75-19.35 and 19.10-18.70; upside breakout of 20.60 will open the way to 21.05 and 21.55-22.40. Buyers can buy above 19.15-18.75 targeting 19.40-20.40 and 20.60-20.95 with risk below 18.70 hourly closing.


Crude futures (Oct 2013) on Tuesday made an intra-day high of US$99.29/bbl and made an intraday low of US$98.52/bbl and settled up by 0.547% at US$99.15/bbl on session close.
Trading Strategy: Neutral
Buy above 97.40-96.60, targeting 98.70-99.60 and 100.20; stop loss below 96.05. Breakage below 96.05 will call for 95.40-94.90 and 93.90-93.05. Sell below 99.60; targeting 95.40-94.05 and 93.20-92.50; upside breakage of 99.60 will lead to 100.20.


EUR/USD on Tuesday made an intra-day low of US$1.3654/EUR and made an intraday high of US$1.3713/EUR and settled the day down by 0.167% at US$1.3672/EUR on session close.
Trading Strategy: Neutral
Based on today’s market, sell below 1.3710-1.3790 targeting 1.3620-1.3550 and stop-loss at 4-hour closing above 1.3830. Buy on dips in between 1.3650-1.3550 with risk below 1.3470, targeting 1.3690-1.3790 and 1.3830.


GBP/USD on Tuesday made an intra-day low of US$1.6321/GBP and made an intraday high of US$1.6380/GBP and settled the day up by 0.091% at US$1.6368/ GBP on session close.
Trading Strategy: Neutral
Based on today’s market; Buy above 1.6320-1.6250, targeting 1.6380-1.6470; breakage below 1.6250 may target 1.6200-1.6120.


USD/JPY
on Tuesday an intra-day low of JPY104.76/USD and made an intraday high of JPY 104.07/USD and settled the day 0.192% up at JPY 104.29/USD on session close.
Trading Strategy: Neutral
Based on today’s market, buy on dips around 103.90- 103.20, using a stop loss of below 102.50; targeting 104.90-105.60.


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

Re: Ikon Finance Daily Forex Analysis (December)

Postby Ajawed » Fri Dec 27, 2013 4:28 am

December 27, 2013

Gold (spot) closed up on Thursday and made its intraday high of US$1215.48/ounce a before setting intraday low of US$1202.85/ounce. Gold went up by 0.490% at US$1209.95/ounce.
Trading Strategy: Neutral
Sell below 1218-1226; targeting 1186-1178 and 1164-1150, upside breakage of 1228 will lead to 1236-1244 and 1254-1268. Buy on dips at 1190-1202 with strict stop loss below 1178 1-hourly closing; targeting 1228-1244 and 1254-1268. Breakage below 1178 will call for 1155.


Silver (spot) closed up on Thursday made its intraday high of US$20.03/ounce after setting intraday low of US$19.44/ounce. Silver settled 1.386% up at US$19.74/ounce.
Trading Strategy: Neutral
Sell on Strength at 20.05-20.45 with stop above 20.60; targeting 19.75-19.35 and 19.10-18.70; upside breakout of 20.60 will open the way to 21.05 and 21.55-22.40. Buyers can buy above 19.15-19.45 targeting 20.05-20.40 and 20.60-20.95 with risk below 18.70 hourly closing.


Crude futures (Oct 2013) on Thursday made an intra-day high of US$99.68/bbl and made an intraday low of US$99.04/bbl and settled up by 0.241% at US$99.61/bbl on session close.
Trading Strategy: Neutral
Buy above 98.40-97.30, targeting 99.80-100.20 and 100.80; stop loss below 96.05. Breakage below 96.05 will call for 95.40-94.90 and 93.90-93.05. Sell below 100.20; targeting 95.40-94.05 and 93.20-92.50; upside breakage of 100.20 will lead to 100.80-101.80.


EUR/USD on Thursday made an intra-day low of US$1.3673/EUR and made an intraday high of US$1.3701/EUR and settled the day down by 0.109% at US$1.3689/ EUR on session close.
Trading Strategy: Neutral
Based on today’s market, sell below 1.3750-1.3830 targeting 1.3620-1.3550 and stop-loss at 4-hour closing above 1.3830. Buy on dips in between 1.3650-1.3550 with risk below 1.3470, targeting 1.3690-1.3790 and 1.3830.


GBP/USD on Thursday made an intra-day low of US$1.6369/GBP and made an intraday high of US$1.6436/GBP and settled the day up by 0.238% at US$1.6410/ GBP on session close.
Trading Strategy: Neutral
Based on today’s market, Buy above 1.6365-1.6250, targeting 1.6380-1.6470; breakage below 1.6250 may target 1.6200-1.6120.


USD/JPY on Thursday an intra-day low of JPY104.67/USD and made an intraday high of JPY 104.81/USD and settled the day 0.076% up at JPY 104.78/USD on session close.
Trading Strategy: Neutral
Based on today’s market, buy on dips around 104.30- 103.20, using a stop loss of below 102.50; targeting 104.90-105.60.


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

Re: Ikon Finance Daily Forex Analysis (December)

Postby Ajawed » Mon Dec 30, 2013 5:11 am

December 30, 2013

Gold (spot) closed up on Friday and made its intraday high of US$1219.04/ounce a before setting intraday low of US$1208.67/ounce. Gold went up by 0.161% at US$1212.71/ounce.
Trading Strategy: Neutral
Sell below 1218-1226; targeting 1186-1178 and 1164-1150, upside breakage of 1228 will lead to 1236-1244 and 1254-1268. Buy on dips at 1190-1206 with strict stop loss below 1178 1-hourly closing; targeting 1228-1244 and 1254-1268. Breakage below 1178 will call for 1155.


Silver (spot) closed up on Friday made its intraday high of US$20.11/ounce after setting intraday low of US$19.75/ounce. Silver settled 1.518% up at US$20.06/ounce.
Trading Strategy: Neutral
Sell on Strength at 20.05-20.60 with stop above 20.60; targeting 19.75-19.35 and 19.10-18.70; upside breakout of 20.60 will open the way to 21.05 and 21.55-22.40. Buyers can buy above 19.15-19.60 targeting 20.05-20.40 and 20.60-20.95 with risk below 18.70 hourly closing.


Crude futures (Oct 2013) on Friday made an intra-day high of US$100.73/bbl and made an intraday low of US$99.35/bbl and settled up by 0.481% at US$100.10/bbl on session close.
Trading Strategy: Neutral
Buy above 99.80-98.40, targeting 100.80-101.80 and 103.00; stop loss below 96.05. Breakage below 96.05 will call for 95.40-94.90 and 93.90-93.05. Sell below 100.80; targeting 99.20-98.70 and 98.05-97.40; upside breakage of 100.80 will lead to 101.80-103.00.


EUR/USD on Friday made an intra-day low of US$1.3688/EUR and made an intraday high of US$1.3891/EUR and settled the day down by 0.423% at US$1.3747/EUR on session close.
Trading Strategy: Neutral
Based on today’s market, sell below 1.3790-1.3890 targeting 1.3620-1.3550 and stop-loss at 4-hour closing above 1.3900. Buy on dips in between 1.3660-1.3550 with risk below 1.3470, targeting 1.3790-1.3830 and 1.3890.


GBP/USD on Friday made an intra-day low of US$1.6403/GBP and made an intraday high of US$1.6575/GBP and settled the day up by 0.450% at US$1.6483/ GBP on session close.
Trading Strategy: Neutral
Based on today’s market; Buy above 1.6410-1.6310, targeting 1.6500-1.6550; breakage below 1.6250 may target 1.6200-1.6120.


USD/JPY on Friday an intra-day low of JPY104.63/USD and made an intraday high of JPY 105.17/USD and settled the day 0.353% up at JPY 105.15/USD on session close.
Trading Strategy: Neutral
Based on today’s market, buy on dips around 104.30- 103.20, using a stop loss of below 102.50; targeting 104.90-105.60.


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

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