Ikon Finance Daily Forex Analysis (February)

Ikon Finance Daily Forex Analysis (February)

Postby Ajawed » Mon Feb 03, 2014 7:57 am

February 3, 2014

Gold closed down on Friday and made its intraday high of US$1254.59/ounce a before setting intraday low of US$1238.23/ounce. Gold went up by 0.086% at US$1243.78/ ounce.
Trading Strategy: Neutral
Sell below 1252-1268; targeting 1250-1244 and 1232-1224, upside breakage of 1272 will lead to 1284-1290 and 1300. Buy on dips at 1226-1238 with strict stop loss below 1218 4-hourly closing; targeting 1250-1262 and 1268-1278. Breakage below 1218 will call for 1214-1207.


Silver closed down on Friday made its intraday high of US$19.47/ounce after setting intraday low of US$19.07/ounce. Silver settled 0.052% down at US$19.15/ounce.
Trading Strategy: Neutral
Sell on Strength at 19.40-20.25 with stop above 20.50; targeting 19.05-18.70 and 18.50; upside breakout of 20.50 will open the way to 21.05-21.55 and 22.40. Buyers can buy above 18.70-19.10 targeting 20.05-20.40 and 20.60-20.95 with risk below 18.70 hourly closing.


Crude futures (Mar 2014) on Friday made an intra-day high of US$98.36/bbl and made an intraday low of US$97.08/bbl and settled down by 0.500% at US$97.46/bbl on session close.
Trading Strategy: Neutral
Buy above 96.40-95.40, targeting 96.30-97.05 and 97.90-98.50; stop loss below 93.60. Breakage below 95.40 will call for 94.70-94.20 and 93.40. Sell below 97.50- 99.30; targeting 97.50-96.40 and 95.40-94.70; upside breakage of 99.60 will lead to 100.70-101.50.


EUR/USD on Friday made an intra-day low of US$1.3578/EUR and made an intraday high of US$1.3572/EUR and settled the day down by 0.790% at US$1.3552/EUR on session close.
Trading Strategy: Neutral
Based on today’s market, sell below 1.3590-1.3690 targeting 1.3505-1.3450 and stop-loss at 4-hour closing above 1.3830. Buy on dips in between 1.375-1.3430 with risk below 1.3390, targeting 1.3590-1.3630 and 1.3730-1.3830.


GBP/USD on Thursday made an intra-day low of US$1.6482/GBP and made an intraday high of US$1.6566/GBP and settled the day down by 0.477% at US$1.6482/GBP on session close.
Trading Strategy: Neutral
Based on today’s market; Sell below 1.6480-1.6560, targeting 1.6550 and 1.6425-1.6300; breakage above 1.6600 will lead to 1.6690-1.6750. Buy above 1.6405-1.6300, targeting 1.6530-1.6600 and 1.6700; breakage below 1.6290 may target 1.6200 and 1.6140.


USD/JPY on Friday an intra-day low of JPY102.07/USD and made an intraday high of JPY 102.88/USD and settled the day 0.691% down at JPY 101.99/USD on session close.
Trading Strategy: Neutral
Based on today’s market; sell below 103.20-103.90, targeting 102.50-101.50 with stop above 104.90. Buy on dips around 102.50- 101.50, using a stop loss of below 101.50; targeting 103.90-104.90 and 105.60.


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

Re: Ikon Finance Daily Forex Analysis (February)

Postby Ajawed » Tue Feb 04, 2014 6:37 am

February 4, 2014

Gold closed up on Monday and made its intraday high of US$1266.33/ounce a before setting intraday low of US$1240.88/ounce. Gold went up by 1.213% at US$1257.34/ ounce.
Trading Strategy: Neutral
Sell below 1262-1272; targeting 1255-1244 and 1238-1224, upside breakage of 1278 will lead to 1284-1290 and 1300. Buy on dips at 238-1250 with strict stop loss below 1235 4-hourly closing; targeting 1262-1268 and 1278-1284. Breakage below 1235 will call for 1214-1207.


Silver closed down on Monday made its intraday high of US$19.63/ounce after setting intraday low of US$19.06/ounce. Silver settled 1.046% up at US$19.32/ounce.
Trading Strategy: Neutral
Sell on Strength at 19.40-20.25 with stop above 20.50; targeting 19.05-18.70 and 18.50; upside breakout of 20.50 will open the way to 21.05-21.55 and 22.40. Buyers can buy above 18.70-19.10 targeting 20.05-20.40 and 20.60-20.95 with risk below 18.70 hourly closing.


Crude futures (Mar 2014) on Monday made an intra-day high of US$97.92/bbl and made an intraday low of US$96.25/bbl and settled down by 0.759% at US$96.64/bbl on session close.
Trading Strategy: Neutral
Buy above 96.40-95.40, targeting 96.30-97.05 and 97.90-98.50; stop loss below 93.60. Breakage below 95.40 will call for 94.70-94.20 and 93.40. Sell below 97.50-99.30; targeting 97.50-96.40 and 95.40-94.70; upside breakage of 99.60 will lead to 100.70-101.50.


EUR/USD on Monday made an intra-day low of US$1.3476/EUR and made an intraday high of US$1.3534/EUR and settled the day up by 0.318% at US$1.3524/EUR on session close.
Trading Strategy: Neutral
Based on today’s market, buy on dips in between 1.3505-1.3430 with risk below 1.3390, targeting 1.3590-1.3630 and 1.3730-1.3830. Sell below 1.3590-1.3690 targeting 1.3505-1.3450 and stop-loss at 4-hour closing above 1.3830.


GBP/USD on Monday made an intra-day low of US$1.6289/GBP and made an intraday high of US$1.6439/GBP and settled the day down by 0.700% at US$1.6302/GBP on session close.
Trading Strategy: Neutral
Based on today’s market; Sell below 1.6480-1.6560, targeting 1.6550 and 1.6425-1.6300; breakage above 1.6600 will lead to 1.6690-1.6750. Buy above 1.6405-1.6300, targeting 1.6530-1.6600 and 1.6700; breakage below 1.6290 may target 1.6200 and 1.6140.


USD/JPY on Monday an intra-day low of JPY100.76/USD and made an intraday high of JPY 102.76/USD and settled the day 1.00% down at JPY 100.96/USD on session close.
Trading Strategy: Neutral
Based on today’s market; sell below 103.20-103.90, targeting 102.50-101.50 with stop above 104.90. Buy on dips around 101.00-100.50, using a stop loss of below 100.50; targeting 101.50-102.50 and 103.90-104.90.


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

Re: Ikon Finance Daily Forex Analysis (February)

Postby Ajawed » Wed Feb 05, 2014 6:29 am

February 5, 2014

Gold closed up on Tuesday and made its intraday high of US$1261.09/ounce a before setting intraday low of US$1246.98/ounce. Gold went down by 0.308% at US$1254.07/ ounce.
Trading Strategy: Neutral
Sell below 1260-1272; targeting 1250-1244 and 1238-1224, upside breakage of 1278 will lead to 1284-1290 and 1300. Buy on dips at 1238-1250 with strict stop loss below 1235 4-hourly closing; targeting 1262-1268 and 1278-1284. Breakage below 1235 will call for 1214-1207.


Silver closed up on Tuesday made its intraday high of US$19.53/ounce after setting intraday low of US$19.25/ounce. Silver settled 0.724% up at US$19.47/ounce.
Trading Strategy: Neutral
Sell on Strength at 19.70-20.25 with stop above 20.50; targeting 19.05-18.70 and 18.50; upside breakout of 20.50 will open the way to 21.05-21.55 and 22.40. Buyers can buy above 18.70-19.10 targeting 20.05-20.40 and 20.60-20.95 with risk below 18.70 hourly closing.


Crude futures (Mar 2014) on Tuesday made an intra-day high of US$97.78/bbl and made an intraday low of US$96.35/bbl and settled up by 1.243% at US$97.72/bbl on session close.
Trading Strategy: Neutral
Buy above 96.40-95.40, targeting 96.30-97.05 and 97.90-98.50; stop loss below 93.60. Breakage below 95.40 will call for 94.70-94.20 and 93.40. Sell below 97.50- 99.30; targeting 97.50-96.40 and 95.40-94.70; upside breakage of 99.60 will lead to 100.70-101.50.


EUR/USD on Tuesday made an intra-day low of US$1.3492/EUR and made an intraday high of US$1.3537/EUR and settled the day down by 0.059% at US$1.3516/EUR on session close.
Trading Strategy: Neutral
Based on today’s market, buy on dips in between 1.3505- 1.3430 with risk below 1.3390, targeting 1.3590-1.3630 and 1.3730-1.3830. Sell below 1.3590-1.3690 targeting 1.3505-1.3450 and stop-loss at 4-hour closing above 1.3830.


GBP/USD on Tuesday made an intra-day low of US$1.6255/GBP and made an intraday high of US$1.6343/GBP and settled the day up by 0.128% at US$1.6323/ GBP on session close.
Trading Strategy: Neutral
Based on today’s market; Sell below 1.6480-1.6560, targeting 1.6550 and 1.6425-1.6300; breakage above 1.6600 will lead to 1.6690-1.6750. Buy above 1.6405-1.6300, targeting 1.6530-1.6600 and 1.6700; breakage below 1.6290 may target 1.6200 and 1.6140.


USD/JPY on Tuesday an intra-day low of JPY100.74/USD and made an intraday high of JPY 101.66/USD and settled the day 0.653% down at JPY 101.62/USD on session close.
Trading Strategy: Neutral
Based on today’s market; sell below 103.20-103.90, targeting 102.50-101.50 with stop above 104.90. Buy on dips around 101.00- 100.50, using a stop loss of below 100.50; targeting 101.50-102.50 and 103.90- 104.90.

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

Re: Ikon Finance Daily Forex Analysis (February)

Postby Ajawed » Thu Feb 06, 2014 5:56 am

February 6, 2014

Gold closed up on Wednesday and made its intraday high of US$1274.19/ounce a before setting intraday low of US$1252.29/ounce. Gold went up by 0.313% at US$1257.43/ounce.
Trading Strategy: Neutral
Sell below 1262-1274; targeting 1250-1244 and 1238-1224, upside breakage of 1278 will lead to 1284-1290 and 1300. Buy on dips at 1238-1250 with strict stop loss below 1235 4-hourly closing; targeting 1262-1268 and 1278-1284. Breakage below 1235 will call for 1214-1207.


Silver closed up on Wednesday made its intraday high of US$20.26/ounce after setting intraday low of US$19.43/ounce. Silver settled 1.950% up at US$19.86/ounce.
Trading Strategy: Neutral
Sell on Strength at 20.25-20.50 with stop above 20.50; targeting 19.05-18.70 and 18.50; upside breakout of 20.50 will open the way to 21.05-21.55 and 22.40. Buyers can buy above 19.10-19.70 targeting 20.05-20.40 and 20.60-20.95 with risk below 18.70 hourly closing.


Crude futures (Mar 2014) on Wednesday made an intra-day high of US$98.23/bbl and made an intraday low of US$96.80/bbl and settled up by 0.368% at US$97.29/bbl on session close.
Trading Strategy: Neutral
Buy above 96.70-95.40, targeting 96.30-97.05 and 97.90-98.50; stop loss below 93.60. Breakage below 95.40 will call for 94.70-94.20 and 93.40. Sell below 97.90- 99.30; targeting 97.50-96.40 and 95.40-94.70; upside breakage of 99.60 will lead to 100.70-101.50.


EUR/USD on Wednesday made an intra-day low of US$1.3497/EUR and made an intraday high of US$1.3554/EUR and settled the day up by 0.118% at US$1.3532/EUR on session close.
Trading Strategy: Neutral
Based on today’s market, buy on dips in between 1.3505- 1.3430 with risk below 1.3390, targeting 1.3590-1.3630 and 1.3730-1.3830. Sell below 1.3590-1.3690 targeting 1.3505-1.3450 and stop-loss at 4-hour closing above 1.3830.


GBP/USD on Wednesday made an intra-day low of US$1.6251/GBP and made an intraday high of US$1.6340/GBP and settled the day down by 0.098% at US$1.6307/GBP on session close.
Trading Strategy: Neutral
Based on today’s market; Sell below 1.6360-1.6480, targeting 1.6300-1.6240 and 1.6170; breakage above 1.6500 will lead to 1.6600-1.6690. Buy above 1.6250-1.6170, targeting 1.6530-1.6600 and 1.6700; breakage below 1.6170 may target 1.6140-1.6100.


USD/JPY on Wednesday an intra-day low of JPY100.79/USD and made an intraday high of JPY 101.75/USD and settled the day 0.186% down at JPY 101.43/USD on session close.
Trading Strategy: Neutral
Based on today’s market; sell below 102.50-103.90, targeting 101.50-100.00 with stop above 103.90. Buy on dips around 101.00- 100.50, using a stop loss of below 100.00; targeting 102.10-102.50 and 103.90- 104.90.


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

Re: Ikon Finance Daily Forex Analysis (February)

Postby Ajawed » Fri Feb 07, 2014 6:29 am

February 7, 2014

Gold closed up on Thursday and made its intraday high of US$1266.62/ounce a before setting intraday low of US$1252.78/ounce. Gold went down by 0.007% at US$1257.40/ ounce.
Trading Strategy: Neutral
Sell below 1262-1274; targeting 1250-1244 and 1238-1224, upside breakage of 1278 will lead to 1284-1290 and 1300. Buy on dips at 1238-1250 with strict stop loss below 1235 4-hourly closing; targeting 1262-1268 and 1278-1284. Breakage below 1235 will call for 1214-1207.


Silver closed up on Thursday made its intraday high of US$20.17/ounce after setting intraday low of US$19.85/ounce. Silver settled 0.453% up at US$19.94/ounce.
Trading Strategy: Neutral
Sell on Strength at 20.15-20.50 with stop above 20.50; targeting 19.05-18.70 and 18.50; upside breakout of 20.50 will open the way to 21.05-21.55 and 22.40. Buyers can buy above 19.10-19.70 targeting 20.05-20.40 and 20.60-20.95 with risk below 18.70 hourly closing.


Crude futures (Mar 2014) on Thursday made an intra-day high of US$98.80/bbl and made an intraday low of US$97.22/bbl and settled up by 0.709% at US$97.91/bbl on session close.
Trading Strategy: Neutral
Buy above 97.20-95.40, targeting 96.30-97.05 and 97.90-98.50; stop loss below 93.60. Breakage below 95.40 will call for 94.70-94.20 and 93.40. Sell below 97.90- 99.30; targeting 97.50-96.40 and 95.40-94.70; upside breakage of 99.60 will lead to 100.70-101.50.


EUR/USD on Thursday made an intra-day low of US$1.3481/EUR and made an intraday high of US$1.3618/EUR and settled the day up by 0.421% at US$1.3588/EUR on session close.
Trading Strategy: Neutral
Based on today’s market, sell below 1.3600-1.3690 targeting 1.3505-1.3450 and stop-loss at 4-hour closing above 1.3740. Buy on dips in between 1.3550-1.3430 with risk below 1.3390, targeting 1.3590-1.3630 and 1.3730-1.3830.


GBP/USD on Thursday made an intra-day low of US$1.6271/GBP and made an intraday high of US$1.6347/GBP and settled the day up by 0.073% at US$1.6319/ GBP on session close.
Trading Strategy: Neutral
Based on today’s market; Sell below 1.6360-1.6480, targeting 1.6300-1.6240 and 1.6170; breakage above 1.6500 will lead to 1.6600-1.6690. Buy above 1.6250-1.6170, targeting 1.6530-1.6600 and 1.6700; breakage below 1.6170 may target 1.6140-1.6100.


USD/JPY on Thursday an intra-day low of JPY101.23/USD and made an intraday high of JPY 102.16/USD and settled the day 0.650% up at JPY 102.09/USD on session close.
Trading Strategy: Neutral
Based on today’s market; sell below 102.50-103.90, targeting 101.50-100.00 with stop above 103.90. Buy on dips around 101.00- 100.50, using a stop loss of below 100.00; targeting 102.10-102.50 and 103.90- 104.90.


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

Re: Ikon Finance Daily Forex Analysis (February)

Postby Ajawed » Mon Feb 10, 2014 6:38 am

February 10, 2014

Gold closed up on Friday and made its intraday high of US$1271.41/ounce a before setting intraday low of US$1255.93/ounce. Gold went up by 0.820% at US$1266.93/ ounce.
Trading Strategy: Neutral
Sell below 1268-1278; targeting 1250-1244 and 1238-1224, upside breakage of 1280 will lead to 1284-1290 and 1300. Buy on dips at 1244-1254 with strict stop loss below 1235 4-hourly closing; targeting 1262-1268 and 1278-1284. Breakage below 1235 will call for 1214-1207.


Silver closed up on Friday made its intraday high of US$20.09/ounce after setting intraday low of US$19.75/ounce. Silver settled 0.451% up at US$20.01/ounce.
Trading Strategy: Neutral
Sell on Strength at 20.25-20.50 with stop above 20.50; targeting 19.05-18.70 and 18.50; upside breakout of 20.50 will open the way to 21.05-21.55 and 22.40. Buyers can buy above 19.10-19.70 targeting 20.05-20.40 and 20.60-20.95 with risk below 18.70 hourly closing.


Crude futures (Mar 2014) on Friday made an intra-day high of US$100.21/bbl and made an intraday low of US$97.12/bbl and settled up by 2.164% at US$100.07/bbl on session close.
Trading Strategy: Neutral
Sell below 100.30-101.70; targeting 99.50-98.50 and 97.50-96.40; upside breakage of 101.70 will lead to 102.50. Buy above 99.30-98.50, targeting 100.30-100.70 and 101.70-102.50; stop loss 4 hour below 97.00. Breakage below 97.00 will call for 96.40-95.30 and 94.70-94.20.

EUR/USD on Friday made an intra-day low of US$1.3551/EUR and made an intraday high of US$1.3641/EUR and settled the day up by 0.338% at US$1.3634/EUR on session close.
Trading Strategy: Neutral to Sell on Strength
Based on today’s market, sell below 1.3640-1.3740 targeting 1.3505-1.3450 and stop-loss at 4-hour closing above 1.3740. Buy on dips in between 1.3550-1.3430 with risk below 1.3390, targeting 1.3590-1.3630 and 1.3730-1.3830.


GBP/USD on Friday made an intra-day low of US$1.6271/GBP and made an intraday high of US$1.6416/GBP and settled the day up by 0.557% at US$1.6298/ GBP on session close.
Trading Strategy: Neutral
Based on today’s market; Sell below 1.6440-1.6530, targeting 1.6350-1.6250 and 1.6170; breakage above 1.6600 will lead to 1.6690. Buy above 1.6300-1.6170, targeting 1.6530-1.6600 and 1.6700; breakage below 1.6170 may target 1.6140-1.6100.


USD/JPY on Friday an intra-day low of JPY101.43/USD and made an intraday high of JPY 102.57/USD and settled the day 0.225% up at JPY 102.32/USD on session close.
Trading Strategy: Neutral
Based on today’s market; sell below 102.70-103.90, targeting 101.50-100.00 with stop above 103.90. Buy on dips around 101.00- 100.50, using a stop loss of below 100.00; targeting 102.10-102.50 and 103.90- 104.90.


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

Re: Ikon Finance Daily Forex Analysis (February)

Postby Ajawed » Tue Feb 11, 2014 6:49 am

February 11, 2014

Gold closed up on Monday and made its intraday high of US$1277.92/ounce a before setting intraday low of US$1264.95/ounce. Gold went up by 0.713% at US$1274.16/ ounce.
Trading Strategy: Neutral
Buy on dips at 1278-1270 with strict stop loss below 1268 4-hourly closing; targeting 1286-1294 and 1300-1309. Breakage below 1268 will call for 1260-1252. Sell below 1289-1300; targeting 1278-1274 and 1268-1260, upside breakage of 1309 will lead to 1320-1330.


Silver closed up on Friday made its intraday high of US$20.09/ounce after setting intraday low of US$19.75/ounce. Silver settled 0.451% up at US$20.01/ounce.
Trading Strategy: Neutral
Sell on Strength at 20.25-20.50 with stop above 20.50; targeting 19.05-18.70 and 18.50; upside breakout of 20.50 will open the way to 21.05-21.55 and 22.40. Buyers can buy above 19.10-19.70 targeting 20.05-20.40 and 20.60-20.95 with risk below 18.70 hourly closing.


Crude futures (Mar 2014) on Monday made an intra-day high of US$100.52/bbl and made an intraday low of US$98.08/bbl and settled down by 0.049% at US$99.97/bbl on session close.
Trading Strategy: Neutral
Sell below 100.50-101.70; targeting 99.50-98.50 and 97.50-96.40; upside breakage of 101.70 will lead to 102.50. Buy above 99.30-98.50, targeting 100.30-100.70 and 101.70-102.50; stop loss 4 hour below 97.00. Breakage below 97.00 will call for 96.40-95.30 and 94.70-94.20.


EUR/USD on Monday made an intra-day low of US$1.3614/EUR and made an intraday high of US$1.3650/EUR and settled the day up by 0.213% at US$1.3643/EUR on session close.
Trading Strategy: Neutral
Based on today’s market, sell below 1.3690-1.3740 targeting 1.3505-1.3450 and stop-loss at 4-hour closing above 1.3740. Buy on dips in between 1.3550-1.3430 with risk below 1.3390, targeting 1.3590-1.3630 and 1.3730-1.3830.

GBP/USD on Monday made an intra-day low of US$1.6381/GBP and made an intraday high of US$1.6426/GBP and settled the day up by 0.0243% at US$1.6400/GBP on session close.
Trading Strategy: Neutral
Based on today’s market; Sell below 1.6440-1.6530, targeting 1.6350-1.6250 and 1.6170; breakage above 1.6600 will lead to 1.6690. Buy above 1.6300-1.6170, targeting 1.6530-1.6600 and 1.6700; breakage below 1.6170 may target 1.6140-1.6100.

USD/JPY on Monday an intra-day low of JPY101.98/USD and made an intraday high of JPY 102.63/USD and settled the day 0.273% down at JPY 102.24/USD on session close.
Trading Strategy: Neutral
Based on today’s market; sell below 102.70-103.90, targeting 101.50-100.00 with stop above 103.90. Buy on dips around 101.00- 100.50, using a stop loss of below 100.00; targeting 102.10-102.50 and 103.90- 104.90.


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

Re: Ikon Finance Daily Forex Analysis (February)

Postby Ajawed » Wed Feb 12, 2014 5:09 am

February 12, 2014

Gold closed up on Tuesday and made its intraday high of US$1293.87/ounce a before setting intraday low of US$1273.23/ounce. Gold went up by 1.351% at US$1291.17/ ounce.
Trading Strategy: Neutral
Buy on dips at 1278-1270 with strict stop loss below 1268 4-hourly closing; targeting 1286-1294 and 1300-1309. Breakage below 1268 will call for 1260-1252. Sell below 1289-1300; targeting 1278-1274 and 1268-1260, upside breakage of 1309 will lead to 1320-1330.


Silver closed up on Tuesday made its intraday high of US$20.29/ounce after setting intraday low of US$19.92/ounce. Silver settled 0.747% up at US$20.21/ounce.
Trading Strategy: Neutral
Sell on Strength at 20.25-20.50 with stop above 20.50; targeting 19.05-18.70 and 18.50; upside breakout of 20.50 will open the way to 21.05-21.55 and 22.40. Buyers can buy above 19.10-19.70 targeting 20.05-20.40 and 20.60-20.95 with risk below 18.70 hourly closing.


Crude futures (Mar 2014) on Tuesday made an intra-day high of US$100.56/bbl and made an intraday low of US$99.58/bbl and settled down by 0.430% at US$100.37/bbl on session close.
Trading Strategy: Neutral
Sell below 100.50-101.70; targeting 99.50-98.50 and 97.50-96.40; upside breakage of 101.70 will lead to 102.50. Buy above 99.30-98.50, targeting 100.30-100.70 and 101.70-102.50; stop loss 4 hour below 97.00. Breakage below 97.00 will call for 96.40-95.30 and 94.70-94.20.


EUR/USD on Tuesday made an intra-day low of US$1.3628/EUR and made an intraday high of US$1.3682/EUR and settled the day down by 0.0439% at US$1.3637/EUR on session close.
Trading Strategy: Neutral
Based on today’s market, sell below 1.3690-1.3740 targeting 1.3505-1.3450 and stop-loss at 4-hour closing above 1.3740. Buy on dips in between 1.3550-1.3430 with risk below 1.3390, targeting 1.3590-1.3630 and 1.3730-1.3830.


GBP/USD on Tuesday made an intra-day low of US$1.6391/GBP and made an intraday high of US$1.6486/GBP and settled the day up by 0.292% at US$1.6447/ GBP on session close.
Trading Strategy: Neutral
Based on today’s market; Sell below 1.6440-1.6530, targeting 1.6350-1.6250 and 1.6170; breakage above 1.6600 will lead to 1.6690. Buy above 1.6300-1.6170, targeting 1.6530-1.6600 and 1.6700; breakage below 1.6170 may target 1.6140-1.6100.


USD/JPY on Tuesday an intra-day low of JPY102.06/USD and made an intraday high of JPY 102.69/USD and settled the day 0.361% up at JPY 102.61/USD on session close.
Trading Strategy: Neutral
Based on today’s market; sell below 102.70-103.90, targeting 101.50-100.00 with stop above 103.90. Buy on dips around 101.00- 100.50, using a stop loss of below 100.00; targeting 102.10-102.50 and 103.90- 104.90.


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

Re: Ikon Finance Daily Forex Analysis (February)

Postby Ajawed » Thu Feb 13, 2014 5:05 am

February 13, 2014

Gold closed up on Wednesday and made its intraday high of US$1296.36/ounce a before setting intraday low of US$1284.06/ounce. Gold went up by 0.63% at US$1290.89/ounce.
Trading Strategy: Neutral
Buy on dips at 1278-1270 with strict stop loss below 1268 4-hourly closing; targeting 1286-1294 and 1300-1309. Breakage below 1268 will call for 1260-1252. Sell below 1289-1300; targeting 1278-1274 and 1268-1260, upside breakage of 1309 will lead to 1320-1330.


Silver closed up on Wednesday made its intraday high of US$20.40/ounce after setting intraday low of US$20.08/ounce. Silver settled 0.0494% up at US$20.23/ounce.
Trading Strategy: Neutral
Sell on Strength at 20.30-20.60 with stop above 20.65; targeting 20.05-19.90 and 19.70-19.10; upside breakout of 20.65 will open the way to 21.05-21.55 and 22.40. Buyers can buy above 19.10-19.70 targeting 20.05-20.40 and 20.60-20.95 with risk below 18.70 hourly closing.


Crude futures (Mar 2014) on Wednesday made an intra-day high of US$101.36/ bbl and made an intraday low of US$100.03/bbl and settled down by 0.159% at US$100.29/bbl on session close.
Trading Strategy: Neutral
Sell below 100.50-101.70; targeting 99.50-98.50 and 97.50-96.40; upside breakage of 101.70 will lead to 102.50. Buy above 99.30-98.50, targeting 100.30-100.70 and 101.70-102.50; stop loss 4 hour below 97.00. Breakage below 97.00 will call for 96.40-95.30 and 94.70-94.20.


EUR/USD on Wednesday made an intra-day low of US$1.3561/EUR and made an intraday high of US$1.3651/EUR and settled the day down by 0.329% at US$1.3592/ EUR on session close.
Trading Strategy: Neutral
Based on today’s market, sell below 1.3690-1.3740 targeting 1.3505-1.3450 and stop-loss at 4-hour closing above 1.3740. Buy on dips in between 1.3550-1.3430 with risk below 1.3390, targeting 1.3590-1.3630 and 1.3730-1.3830.


GBP/USD on Wednesday made an intra-day low of US$1.6424/GBP and made an intraday high of US$1.6598/GBP and settled the day up by 0.899% at US$1.6594/ GBP on session close.
Trading Strategy: Neutral
Based on today’s market; Buy above 1.6530-1.6440; targeting 1.6620-1.6700 and 1.6770; breakage below 1.6400 may target 1.6140-1.6100. Sell below 1.6620-1.6700 with risk above 1.6780; targeting 1.6530-1.6440 and 1.6400- 1.6350.


USD/JPY on Wednesday an intra-day low of JPY102.21/USD and made an intraday high of JPY 102.67/USD and settled the day 0.107% down at JPY 102.51/USD on session close.
Trading Strategy: Neutral
Based on today’s market; sell below 102.70-103.90, targeting 101.50-100.00 with stop above 103.90. Buy on dips around 101.00- 100.50, using a stop loss of below 100.00; targeting 102.10-102.50 and 103.90- 104.90.


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

Re: Ikon Finance Daily Forex Analysis (February)

Postby Ajawed » Mon Feb 17, 2014 5:18 am

February 17, 2014

Gold closed up on Friday and made its intraday high of US$1321.25/ounce a before setting intraday low of US$1299.93/ounce. Gold went up by 1.282% at US$1318.40/ ounce.
Trading Strategy: Neutral
Buy on dips at 1305-1320 with strict stop loss below 1290 4-hourly closing; targeting 1330-1337 and 1350. Breakage below 1290 will call for 1284-1274. Sell below 1336-1350 with risk above 1360; targeting 1374-1301.


Silver closed up on Friday made its intraday high of US$21.48/ounce after setting intraday low of US$20.43/ounce. Silver settled 4.785% up at US$21.46/ounce.
Trading Strategy: Neutral
Buyers can buy above 21.40-20.95 targeting 22.00-22.60 with risk below 20.60 hourly closing. Sell on Strength at 22.00-22.90 with stop above 23.05; targeting 21.40-21.10 and 20.90-20.45; upside breakout of 23.00 will open the way to 23.60- 25.00.


Crude futures (Mar 2014) on Friday made an intra-day high of US$100.44/bbl and made an intraday low of US$99.43/bbl and settled down by 0.0199% at US$100.34/ bbl on session close.
Trading Strategy: Neutral
Sell below 101.00-101.70; targeting 99.50-98.50 and 97.50-96.40; upside breakage of 101.70 will lead to 102.50. Buy above 99.90-98.50, targeting 101.00 and 101.70- 102.50; stop loss 4-hour below 97.00. Breakage below 97.00 will call for 96.40- 95.30 and 94.70-94.20.


EUR/USD on Friday made an intra-day low of US$1.3672/EUR and made an intraday high of US$1.3713/EUR and settled the day down by 0.095% at US$1.3691/EUR on session close.
Trading Strategy: Neutral
Based on today’s market, buy on dips in between 1.3660- 1.3550 with risk below 1.3490, targeting 1.3740-1.3830. Sell below 1.3745 targeting 1.3660-1.3550 and stop-loss at 4-hour closing above 1.3810.


GBP/USD on Friday made an intra-day low of US$1.6643/GBP and made an intraday high of US$1.6753/GBP and settled the day up by 0.540% at US$1.6747/ GBP on session close.
Trading Strategy: Neutral
Based on today’s market; Buy above 1.6670-1.6550; targeting 1.6780; breakage below 1.6500 may target 1.6430-1.6380. Sell below 1.6800- 1.6900 with risk above 1.6900; targeting 1.6670-1.6620 and 1.6530-1.6480.


USD/JPY on Friday an intra-day low of JPY101.56/USD and made an intraday high of JPY 102.40/USD and settled the day 0.364% down at JPY 101.78/USD on session close.
Trading Strategy: Neutral
Based on today’s market; sell below 102.70-103.90, targeting 101.50-100.00 with stop above 103.90. Buy on dips around 101.00- 100.50, using a stop loss of below 100.00; targeting 102.10-102.50 and 103.90- 104.90.


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

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