IKON FINANCE Forex Analysis (September)

Re: IKON FINANCE Forex Analysis (September)

Postby Ajawed » Fri Sep 13, 2013 6:57 am

September 13th,2013

Gold (spot) closed down on Thursday made its intraday high of US$1,366.21/ounce after setting intraday low of US$1,320.43/ounce. Gold went down by 3.24% at US$1,321.66/ounce.
Trading Strategy: Neutral
Buy on dips at 1307-1297with strict stop loss below 12971-hourly closing; targeting 1320-1334 and 1344-1352; break below 1297 will call for 1287-1274. Sell at strength at 1320-1334; targeting 1307-1297 and 1287-1294, upside breakage of 1334 will lead to 1344-1352.
Silver (spot) closed down on Thursday made its intraday high of US$23.22/ounce before setting intraday low of US$22.78/ounce. Silver settled 6.08% down at US$21.78/ounce
Trading Strategy: Neutral
Short positions at 23.35-23.65 with stop above 24.05; targeting 22.75-22.45 upside breakout of 24.05 will open the way to 24.50-24.90 and 25.40-25.90. Buyers can buy above 22.40-22.70, targeting 23.65-24.10 and 24.50-24.90 with risk below 22.05 hourly closing.
Crude futures (Oct 2013) on Thursday made an intra‐day high of US$109.14/bbl and made an intraday low of US$107.29/bbl and settled up by 0.89%at US$108.71/bbl on session close
Trading Strategy:Neutral
Sell in-between 108.80-109.60 with risk above 109.70; targeting 106.90-106.30 and 105.30-104.50.Upside breakage of 109.70 will lead to 110.60-111.80. Buy in 106.30-107.50 with risk below 105.90; targeting 108.80-109.60 and 110.60.
EUR/USD on Thursday made an intra‐day low of US$1.3255/EUR and made an intraday high of US$1.3323/EUR and settled the day 0.086% down at US$1.3298/EUR on session close.
Trading Strategy: Neutral
Based on the charts and explanations above, selling the pair 1.3290-1.3350 with risk above 1.3400; targeting 1.3220-1.3190 and 1.3120-1.3090; alternatively, break above 1.3400 might call for 1.3460-1.3490. Buying can be done above1.3250-1.3190 targeting 1.3290-1.3395with stop-loss with four-hour closing below 1.3105
GBP/USD on Thursday made an intra‐day low of US$1.5774/GBP and made an intraday high of US$1.5838/GBP and settled the day down by -0.088% at US$1.5804/GBP on session close
Trading Strategy: Neutral
Based on the charts and explanations above; Sell below 1.5850, using a stop loss of 1.5920, targeting 1.5750-1.5700 and 1.5600. Buying above 1.5700-1.5645 targeting 1.5820 and 1.5875 with stop-loss four-hour closing below 1.5600; breakage below 1.5600 targeting 1.5550-1.5470
USD/JPY on Thursday an intra‐day low of JPY99.00/USD and made an intraday high of JPY99.98/USD and settled the day0.337% down at JPY99.55/USD on session close.
Trading Strategy: Neutral
Based on the charts and explanations above, sell below 100.20-100.80, using a stop loss of 100.80, targeting 97.60-96.80 and 96.30-95.90. Alternatively, a break above 100.80might call for 101.20-101.80.Buy above 97.90-98.50, using a stop loss of below 97.20, targeting 98.90-99.90 and 100.20-100.80.

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

Postby Ajawed » Mon Sep 16, 2013 4:57 am

September 16, 2013

Gold (spot) closed upon Friday made its intraday high of US$1,330.60/ounce after setting intraday low of US$1,304.96/ounce. Gold went up by 0.25% at US$1,325.60/ounce.
Trading Strategy: Neutral
Buy on dips at 1307-1297 with strict stop loss below 12971-hourly closing; targeting 1320-1334 and 1344-1352; break below 1297 will call for 1287-1274. Sell at strength at 1334-1342; targeting 1307-1297 and 1287-1294, upside breakage of 1354 will lead to 1360-1369.

Silver (spot) closed upon Friday made its intraday high of US$22.24/ounce before setting intraday low of US$21.39/ounce. Silver settled 1.834% up at US$22.20/ounce.
Trading Strategy: Neutral
Short positions at 22.35-22.95 with stop above 23.35; targeting 22.05-21.75 and 21.10 upside breakout of 23.35 will open the way to 23.65-24.05 and 24.50-24.90. Buyers can buy above 21.50-21.90, targeting 22.35-22.75 and 23.30-23.65with risk below 21.05 hourly closing.

Crude futures (Oct 2013) on Friday made an intra‐day high of US$108.72/bbl and made an intraday low of US$107.22/bbl and settled down by 0.082% at US$108.52/bbl on session close.
Trading Strategy: Neutral
Sell in-between 107.90-108.90 with risk above 109.60; targeting 106.90-106.30 and 105.30-104.50.Upside breakage of 109.70 will lead to 110.60-111.80. Buy in 106.30-106.90 with risk below 105.90; targeting 108.80-109.60 and 110.60.

EUR/USD on Friday made an intra‐day low of US$1.3253/EUR and made an intraday high of US$1.3320/EUR and settled the day 0.037% down at US$1.3293/EUR on session close.
Trading Strategy: Neutral
Based on the charts and explanations above, selling the pair 1.3380-1.3430 with risk above 1.3450; targeting 1.3220-1.3190 and 1.3120-1.3090; alternatively, break above 1.3450 might call for 1.3490. Buying can be done above 1.3320-1.3250 targeting 1.3395-1.3450 with stop-loss with four-hour closing below 1.3140.

GBP/USD on Friday made an intra‐day low of US$1.5775/GBP and made an intraday high of US$1.5883/GBP and settled the day up by 0.461% at US$1.5875/GBP on session close.
Trading Strategy: Neutral
Based on the charts and explanations above; buying above 1.5850-1.5820 targeting 1.5950-1.600 and 1.6040-1.6170 with stop-loss four-hour closing below 1.5700; breakage below 1.5600 targeting 1.5550-1.5470.

USD/JPY on Friday an intra‐day low of JPY99.18/USD and made an intraday high of JPY99.97/USD and settled the day0.150% down at JPY99.36/USD on session close
Trading Strategy: Neutral
Based on the charts and explanations above, sell below 99.50-100.20, using a stop loss of 100.80, targeting 97.60-96.80 and 96.30-95.90.Alternatively, a break above 100.80 might call for 101.20-101.80.Buy above 97.90-98.50, using a stop loss of below 97.20, targeting 98.90-99.90 and 100.20-100.80.

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

Postby Ajawed » Tue Sep 17, 2013 6:09 am

September 17,2013

Gold (spot) closed down on Monday made its intraday high of US$1,335.11/ounce after setting intraday low of US$1,302.74/ounce. Gold went down by 1.585% at US$1,312.36/ounce
Trading Strategy: Neutral
Buy on dips at 1307-1297 with strict stop loss below 1297 1-hourly closing; targeting 1320-1334 and 1344-1352; break below 1297 will call for 1287-1274. Sell at strength at 1320-1334; targeting 1307-1297 and 1287-1294, upside breakage of 1338 will lead to 1342-1354 and 1360-1369.

Silver (spot) closed down on Monday made its intraday high of US$22.40/ounce before setting intraday low of US$21.65/ounce. Silver settled 2.636% down at US$21.79/ounce.
Trading Strategy: Neutral
Short positions at 22.05-22.65 with stop above 22.95; targeting 21.75-21.45 and 21.10 upside breakout of 22.95 will open the way to 23.35-23.65 and 24.05-24.50. Buyers can buy above 21.40-21.70, targeting 22.05-22.35 and 22.75-23.30 with risk below 21.05 hourly closing.

Crude futures (Oct 2013) on Monday made an intra‐day high of US$107.98/bbl and made an intraday low of US$106.05/bbl and settled down by 1.246% at US$106.14/bbl on session close
Trading Strategy: Neutral
Sell in-between 106.50-106.90 with risk above 107.90; targeting 105.30-104.80 and 103.80. Upside breakage of 107.90 will lead to 108.30-108.90 and 109.60.

EUR/USD on Monday made an intra‐day low of US$1.3329/EUR and made an intraday high of US$1.3320/EUR and settled the day 0.194% down at US$1.3332/EUR on session close.
Trading Strategy: Neutral
Based on the charts and explanations above, selling the pair 1.3380-1.3430 with risk above 1.3450; targeting 1.3220-1.3190 and 1.3120-1.3090; alternatively, break above 1.3450 might call for 1.3490. Buying can be done above 1.3320-1.3250 targeting 1.3395-1.3450 with stop-loss with four-hour closing below 1.3140.

GBP/USD on Monday made an intra‐day low of US$1.5893/GBP and made an intraday high of US$1.5962/GBP and settled the day down by 0.288% at US$1.5894/GBP on session close
Trading Strategy: Neutral
Based on the charts and explanations above; buying above 1.5850-1.5820 targeting 1.5950-1.600 and 1.6040-1.6170 with stop-loss four-hour closing below 1.5700; breakage below 1.5600 targeting 1.5550-1.5470.

USD/JPY on Monday an intra‐day low of JPY98.44/USD and made an intraday high of JPY 99.17/USD and settled the day 0.385% down at JPY99.04/USD on session close.
Trading Strategy: Neutral
Based on the charts and explanations above, sell below 99.50-100.20, using a stop loss of 100.80, targeting 97.60-96.80 and 96.30-95.90. Alternatively, a break above 100.80 might call for 101.20-101.80. Buy above 97.90-98.50, using a stop loss of below 97.20, targeting 98.90-99.90 and 100.20-100.80.

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

Postby Ajawed » Wed Sep 18, 2013 5:07 am

September 18 , 2013

Gold (spot) closed down on Tuesday made its intraday high of US$1,323.70/ounce aftersetting intraday low of US$1,305.97/ounce. Gold went down by 0.110% at US$1,310.28/ounce.
Trading Strategy: Neutral
Buy on dips at 1277-1287 with strict stop loss below 12771-hourly closing; targeting 1320-1334 and 1344-1352; break below 1277 will call for 1267-1240. Sell at strength at 1307-1325; targeting 1307-1297 and 1287-1294, upside breakage of 1325 will lead to 1334-1342 and 1352-1360.

Silver (spot) closed down on Tuesday made its intraday high of US$22.09/ounce before setting intraday low of US$21.61/ounce. Silver settled 0.091% down at US$21.74/ounce.
Trading Strategy: Neutral
Short positions at 21.70-22.35 with stop above 22.95; targeting 21.75-21.45 and 21.10 upside breakout of 22.95 will open the way to 23.35-23.65 and 24.05-24.50. Buyers can buy above 21.10-21.40, targeting 21.90-22.10 and 22.35-22.75 with risk below 21.00 hourly closing.

Crude futures (Oct 2013) on Tuesday made an intra‐day high of US$106.41/bbl and made an intraday low of US$104.95/bbl and settled down by 0.649% at US$105.52/bbl on session close.
Trading Strategy: Neutral
Sell in-between 106.50-106.90 with risk above 107.90; targeting 105.30-104.80 and 103.80. Upside breakage of 107.90 will lead to 108.30-108.90 and 109.60.

EUR/USD on Tuesday made an intra‐day low of US$1.3324/EUR and made an intraday high of US$1.3368/EUR and settled the day 0.187% up at US$1.3357/EUR on session close.
Trading Strategy: Neutral
Based on the charts and explanations above ,selling the pair 1.3380-1.3430 with risk above 1.3450; targeting 1.3220-1.3190 and 1.3120-1.3090; alternatively, break above 1.3450 might call for 1.3490. Buying can be done above 1.3350-1.3290 targeting 1.3395-1.3450 with stop-loss with four-hour closing below 1.3250

GBP/USD on Tuesday made an intra‐day low of US$1.5894/GBP and made an intraday high of US$1.5935/GBP and settled the day up by 0.050% at US$1.5902/GBP on session close.
Trading Strategy: Neutral
Based on the charts and explanations above; buying above 1.5850-1.5820 targeting 1.5950-1.600 and 1.6040-1.6170 with stop-loss four-hour closing below 1.5700; breakage below 1.5600 targeting 1.5550-1.5470.

USD/JPY on Tuesday an intra‐day low of JPY98.99/USD and made an intraday high of JPY99.10/USD and settled the day 0.040% up at JPY99.10/USD on session close.
Trading Strategy: Neutral
Based on the charts and explanations above, sell below 99.50-100.20, using a stop loss of 100.80, targeting 97.60-96.80 and 96.30-95.90.Alternatively, a break above 100.80 might call for 101.20-101.80.Buy above 97.90-98.50, using a stop loss of below 97.20, targeting 98.90-99.90 and 100.20-100.80.

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

Re: IKON FINANCE Forex Analysis (September)

Postby Ajawed » Fri Sep 20, 2013 7:45 am

September 20, 2013

Gold (spot) closed up on Thursday made its intraday high of US$1,374.98/ounce after setting intraday low of US$1,358.54/ounce. Gold went up by 0.09% at US$1,365.62/ounce.
Trading Strategy: Neutral
Buy on dips at 1354-1340 with strict stop loss below 1325 1-hourly closing; targeting 1368-1374 and 1384-1396; break below 1325 will call for 1316-1301. Sell at strength at 1374-1386; targeting 1354-1344 and 1334-1325, upside breakage of 1404 will lead to 1420-1434.

Silver (spot) closed up on Thursday made its intraday high of US$23.39/ounce after setting intraday low of US$22.80/ounce. Silver settled 0.26% up at US$23.01/ounce.
Trading Strategy: Neutral
Buyers can buy above 22.75-22.30, targeting 23.30-23.75 and 24.40 with risk below 21.90 hourly closing. Short positions at 23.35-23.95 with stop above 24.40; targeting 22.75-22.30 and 22.05-21.75 upside breakout of 24.40 will open the way to 24.90-25.30.

Crude futures (Oct 2013) on Thursday made an intra‐day high of US$108.14/bbl and made an intraday low of US$105.54/bbl and settled down by 1.590% at US$105.67/bbl on session close.
Trading Strategy: Neutral
Sell in-between 106.90-107.90 with risk above 109.20; targeting 105.30-104.20. Upside breakage of 109.20 will lead to 109.60-110.60 and 111.80. Buy in between 105.30-104.20 with risk below 103.80; targeting 107.20-107.90 and 108.90-109.60.

EUR/USD on Thursday made an intra‐day low of US$1.3500/EUR and made an intraday high of US$1.3568/EUR and settled the day 0.050% up at US$1.3528/EUR on session close.
Trading Strategy: Neutral
Based on the charts and explanations above, buying can be done above 1.3450-1.3350 targeting 1.3395-1.3450 with stop-loss with four-hour closing below 1.3250. Selling the pair 1.3590-1.3690 with risk above 1.3730; targeting 1.3450-1.3380 and 1.3320-1.3250.

GBP/USD on Thursday made an intra‐day low of US$1.6022/GBP and made an intraday high of US$1.6148/GBP and settled the day down by 0.700% at US$1.6029/GBP on session close.
Trading Strategy: Neutral
Based on the charts and explanations above; buying above 1.6050-1.5890 targeting 1.6170-1.6302 with stop-loss four-hour closing below 1.5820; breakage below 1.5820 targeting 1.5750-1.5700.

USD/JPY on Thursday an intra‐day low of JPY97.86/USD and made an intraday high of JPY 99.63/USD and settled the day 1.560% up at JPY99.46/USD on session close.
Trading Strategy: Neutral
Based on the charts and explanations above, sell below 99.40-99.90, using a stop loss of 100.20, targeting 97.60-96.80 and 96.30-95.90. Alternatively, a break above 100.20 might call for 100.80-101.20 and 101.80. Buy above 97.90-98.50, using a stop loss of below 97.20, targeting 98.90-99.90 and 100.20-100.80

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

Postby Ajawed » Mon Sep 23, 2013 4:30 am

September 23, 2013

Gold (spot) closed down on Friday made its intraday high of US$1,368.26/ounce after setting intraday low of US$1,324.97/ounce. Gold went down by 2.90% at US$1,325.58/ounce.
Trading Strategy: Neutral
Buy on dips at 1307-1317 with strict stop loss below 13021 hourly closing targeting 1325-1334 and 1344-1354 break below 1302 will call for 1294-1286. Sell at strength at 1330-1344 targeting 1354-1344 and 1334-1325, upside breakage of 1346 will lead to 1354-1369.


Silver (spot) closed down on Friday made its intraday high of US$23.14/ounce after setting intraday low of US$21.71/ounce. Silver settled 5.43% down at US$21.76/ounce.
Trading Strategy: Neutral
Buyers can buy above 21.05-21.40 targeting 22.05-22.35 and 22.75-23.05 with risk below 20.90 hourly closing. Short positions at 22.05-23.75 with stop above 22.95 targeting 21.40-21.10 and 20.75-20.50 upside breakout of 23.05 will open the way to 23.30-23.75.


Crude futures (Oct 2013) on Friday made an intraday high of US$106.09/bbl and made an intraday low of US$104.49/bbl and settled down by 0.823% at US$104.84/bbl on session close.
Trading Strategy: Neutral
Sell in between 105.30-106.90 with risk above 107.90 targeting 104.20-103.80 and 103.20-102.20 upside breakage of 107.90 will lead to 108.80-109.60. Buy in between 103.80-104.20 with risk below 103.20 targeting 105.30-106.60 and 107.20-107.90.


EUR/USD on Friday made an intraday low of US$1.3497/EUR and made an intraday high of US$1.3548/EUR and settled the day 0.039% down at US$1.3523/EUR on session close.
Trading Strategy: Neutral
Based on today’s market, buying can be done above 1.3450-1.3350 targeting 1.3395-1.3450 with stop loss with four hour closing below 1.3250. Selling the pair 1.3590-1.3690 with risk above 1.3730 targeting 1.3450-1.3380 and 1.3320-1.3250.


GBP/USD
on Friday made an intraday low of US$1.5984/GBP and made an intraday high of US$1.6058/GBP and settled the day down by 0.149% at US$1.6005/GBP on session close.
Trading Strategy: Neutral
Based on today’s market, buying above 1.5950-1.5890 targeting 1.6170-1.6302 with stop loss four hour closing below 1.5820 breakage below 1.5820 targeting 1.5750-1.5700.


USD/JPY on Friday an intraday low of JPY99.16/USD and made an intraday high of JPY99.66/USD and settled the day 0.090% down at JPY99.35/USD on session close.
Trading Strategy: Neutral
Based on today’s market, sell below 99.40-99.90, using a stop loss of 100.20, targeting 97.60-96.80 and 96.30-95.90. Alternatively, a break above 100.20 might call for 100.80-101.20 and 101.80. Buy above 97.90-98.50, using a stop loss of below 97.20, targeting 98.90-99.90 and 100.20-100.80.


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

Re: IKON FINANCE Forex Analysis (September)

Postby Ajawed » Tue Sep 24, 2013 4:35 am

September 24, 2013

Gold (spot) closed down on Monday made its intraday high of US$1,331.79/ounce after setting intraday low of US$1,313.36/ounce. Gold went down by 0.292% at US$1,322.32/ounce.
Trading Strategy: Neutral
Buy on dips at 1307-1317 with strict stop loss below 13021-hourly closing targeting 1325-1334 and 1344-1354 break below 1302 will call for 1294-1286. Sell at strength at 1330-1344 targeting 1354-1344 and 1334-1325, upside breakage of 1346 will lead to 1354-1369.


Silver (spot) closed down on Monday made its intraday high of US$21.92/ounce after setting intraday low of US$21.28/ounce. Silver settled 0.505% down at US$21.64/ounce.
Trading Strategy: Neutral
Buyers can buy above 21.05-21.40 targeting 22.05-22.35 and 22.75-23.05 with risk below 20.90 hourly closing. Short positions at 22.05-23.75 with stop above 22.95 targeting 21.40-21.10 and 20.75-20.50 upside breakout of 23.05 will open the way to 23.30-23.75.


Crude futures (Oct 2013) on Monday made an intraday high of US$105.08/bbl and made an intraday low of US$103.12/bbl and settled down by 1.138% at US$103.37/bbl on session close.
Trading Strategy: Neutral
Sell in between 104.20-105.30 with risk above 106.90 targeting 103.20-102.20 and 101 upside breakage of 106.90 will lead to 107.50-107.90 and 108.80-109.60. Buy in between 102.00-102.60 with risk below 101.00 hourly closing targeting 104.80-105.30 and 106.60-107.50.


EUR/USD on Monday made an intraday low of US$1.3478/EUR and made an intraday high of US$1.3546/EUR and settled the day 0.406% down at US$1.3491/EUR on session close.
Trading Strategy: Neutral
Based on today’s market, buying can be done above1.3490-1.3395 targeting 1.3550-1.3590 and 1.3620-1.3690 with stop loss with four hour closing below 1.3350. Selling the pair 1.3550-1.3620 with risk above 1.3690 targeting 1.3490-1.3450 and 1.3380-1.3320.


GBP/USD on Monday made an intraday low of US$1.5991/GBP and made an intraday high of US$1.6071/GBP and settled the day up by 0.237% at US$1.6040/GBP on session close.
Trading Strategy: Neutral
Based on today’s market, buying above 1.5960-1.5890 targeting 1.6170-1.6302 with stop loss four hour closing below 1.5850 breakage below 1.5820 targeting 1.5750-1.5700.


USD/JPY on Monday an intraday low of JPY98.64/USD and made an intraday high of JPY99.35/USD and settled the day 0.413% down at JPY98.82/USD on session close.
Trading Strategy: Neutral
Based on today’s market, sell below 99.40-99.90, using a stop loss of 100.20, targeting 97.60-96.80 and 96.30-95.90. Alternatively, a break above 100.20 might call for 100.80-101.20 and 101.80. Buy above 97.90-98.50, using a stop loss of below 97.20, targeting 98.90-99.90 and 100.20-100.80.


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

Re: IKON FINANCE Forex Analysis (September)

Postby Ajawed » Wed Sep 25, 2013 5:57 am

September 25, 2013

Gold (spot) closed up on Tuesday made its intraday high of US$1,329.27/ounce after setting intraday low of US$1,305.63/ounce. Gold went up by 0.124% at US$1,322.83/ounce.
Trading Strategy: Neutral
Buy on dips at 1307-1317 with strict stop loss below 13021 hourly closing targeting 1325-1334 and 1344-1354 break below 1302 will call for 1294-1286.Sell at strength at 1330-1344 targeting 1313-1306 and 1296-1286, upside breakage of 1346 will lead to 1354-1369.


Silver (spot) closed upon Tuesday made its intraday high of US$22.00/ounce after setting intraday low of US$21.29/ounce. Silver settled 0.370% up at US$21.69/ounce.
Trading Strategy: Neutral
Buyers can buy above 21.05-21.40 targeting 22.05-22.35 and 22.75-23.05 with risk below 20.90 hourly closing. Short positions at 22.05-22.75 with stop above 22.95 targeting 21.40-21.10 and 20.75-20.50 upside breakout of 23.05 will open the way to 23.30-23.75.


Crude futures (Oct 2013) on Tuesday made an intraday high of US$103.62/bbl and made an intraday low of US$102.29/bbl and settled down by 0.058% at US$103.36/bbl on session close.
Trading Strategy: Neutral
Sell in between 104.20-105.30 with risk above 106.90 targeting 103.20-102.20 and 101 upside breakage of 106.90 will lead to 107.50-107.90 and 108.80-109.60. Buy in between 102.00-102.60 with risk below 101.00 hourly closing targeting 104.80-105.30 and 106.60-107.50.


EUR/USD on Tuesday made an intraday low of US$1.3463/EUR and made an intraday high of US$1.3518/EUR and settled the day 0.148% down at US$1.3472/EUR on session close.
Trading Strategy: Neutral
Based on today’s market, selling the pair 1.3490-1.3550 with risk above 1.3620 targeting 1.3450 and 1.3380-1.3320. Buying can be done above 1.3450-1.3395 targeting 1.3490-1.3550 and 1.3590-1.3620 with stop loss with four hour closing below 1.3350.


GBP/USD on Tuesday made an intraday low of US$1.5954/GBP and made an intraday high of US$1.6044/GBP and settled the day down by 0.135% at US$1.6002/GBP on session close.
Trading Strategy: Neutral
Based on today’s market, buying above 1.5930-1.5890 targeting 1.6170-1.6302 with stop loss four hour closing below 1.5850 breakage below 1.5820 targeting 1.5750-1.5700. Sell at strength 1.6040-1.1650 with risk above 1.6170, targeting 1.5930-1.5890 and 1.5820-1.5750.


USD/JPY on Tuesday an intraday low of JPY98.73/USD and made an intraday high of JPY99.16/USD and settled the day 0.091% down at JPY98.73/USD on session close.
Trading Strategy: Neutral
Based on today’s market, sell below 99.40-99.90, using a stop loss of 100.20, targeting 97.60-96.80 and 96.30-95.90. Alternatively, a break above 100.20 might call for 100.80-101.20 and 101.80. Buy above 97.90-98.50, using a stop loss of below 97.20, targeting 98.90-99.90 and 100.20-100.80.


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

Re: IKON FINANCE Forex Analysis (September)

Postby Ajawed » Thu Sep 26, 2013 6:03 am

September 26, 2013

Gold (spot) closed up on Wednesday made its intraday high of US$1,338.08/ounce after setting intraday low of US$1,316.34/ounce. Gold went up by 0.858% at US$1,334.19/ounce.
Trading Strategy: Neutral
Buy on dips at 1307-1316 with strict stop loss below 13021-hourly closing targeting 1325-1334 and 1344-1354 break below 1302 will call for 1294-1286. Sell at strength at 1334-1344 targeting 1325-1316 and 1307-1296, upside breakage of 1346 will lead to 1354-1369.


Silver (spot) closed upon Wednesday made its intraday high of US$21.93/ounce after setting intraday low of US$21.47/ounce. Silver settled 0.368% up at US$21.79/ounce.
Trading Strategy: Neutral
Buyers can buy above 21.05-21.40 targeting 22.05-22.35 and 22.75-23.05 with risk below 20.90 hourly closing. Short positions at 22.05-22.75 with stop above 22.95 targeting 21.40-21.10 and 20.75-20.50 upside breakout of 23.05 will open the way to 23.30-23.75.


Crude futures (Oct 2013) on Wednesday made an intraday high of US$103.94/bbl and made an intraday low of US$102.19/bbl and settled down by 1.054% at US$102.30/bbl on session close.
Trading Strategy: Neutral
Sell in between 103.20-104.80 with risk above 106.40 targeting 103.20-102.20 and 101 upside breakage of 106.40 will lead to 106.90-107.50 and 107.90-108.80. Buy in between 101.90-102.30 with risk below 101.00 hourly closing targeting 104.80-105.30 and 106.60-107.50.


EUR/USD on Wednesday made an intraday low of US$1.3461/EUR and made an intraday high of US$1.3536/EUR and settled the day 0.385% up at US$1.3528/EUR on session close.
Trading Strategy: Neutral
Based on today’s market, selling the pair 1.3520-1.3590 with risk above 1.3690 targeting 1.3450 and 1.3380-1.3320. Buying can be done above 1.3450-1.3395 targeting 1.3490-1.3550 and 1.3590-1.3620 with stop loss with four hour closing below 1.3350.


GBP/USD on Wednesday made an intraday low of US$1.5978/GBP and made an intraday high of US$1.6087/GBP and settled the day up by 0.474% at US$1.6078/GBP on session close.
Trading Strategy: Neutral
Based on today’s market ,buying above 1.5930-1.5890 targeting 1.6170-1.6302 with stop loss four hour closing below 1.5850 breakage below 1.5820 targeting 1.5750-1.5700. Sell at strength 1.6085-1.6150 with risk above 1.6170, targeting 1.5930-1.5890 and 1.5820-1.5750.


USD/JPY on Wednesday an intraday low of JPY98.37/USD and made an intraday high of JPY98.80/USD and settled the day0.313% down at JPY98.42/USD on session close.
Trading Strategy: Neutral
Based on today’s market, sell below 99.40-99.90, using a stop loss of 100.20, targeting 97.60-96.80 and 96.30-95.90. Alternatively, a break above 100.20 might call for 100.80-101.20 and 101.80. Buy above 97.90-98.50, using a stop loss of below 97.20, targeting 98.90-99.90 and 100.20-100.80.


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

Re: IKON FINANCE Forex Analysis (September)

Postby Ajawed » Fri Sep 27, 2013 5:04 am

September 27, 2013

Gold (spot) closed down on Thursday made its intraday high of US$1,339.00/ounce before setting intraday low of US$1,318.69/ounce. Gold went down by 0.722% at US$1,334.19/ounce.
Trading Strategy: Neutral
Buy on dips at 1307-1316 with strict stop loss below 13021-hourly closing targeting 1325-1334 and 1344-1354 break below 1302 will call for 1294-1286. Sell at strength at 1330-1340 targeting 1325-1316 and 1307-1296, upside breakage of 1344 will lead to 1354-1369.


Silver (spot) closed down on Thursday made its intraday high of US$20.09/ounce after setting intraday low of US$21.63/ounce. Silver settled 0.275% down at US$21.70/ounce.
Trading Strategy: Neutral
Buyers can buy above 21.05-21.40 targeting 22.05-22.35 and 22.75-23.05 with risk below 20.90 hourly closing. Short positions at 21.90-22.75 with stop above 22.95 targeting 21.40-21.10 and 20.75-20.50 upside breakout of 23.05 will open the way to 23.30-23.75.


Crude futures (Oct 2013) on Thursday made an intraday high of US$103.27/bbl and made an intraday low of US$102.19/bbl and settled up by 0.557% at US$102.86/bbl on session close.
Trading Strategy: Neutral
Sell in between 103.20-104.80 with risk above 106.40 targeting 103.20-102.20 and 101 upside breakage of 106.40 will lead to 106.90-107.50 and 107.90-108.80. Buy in between 101.90-102.30 with risk below 101.00 hourly closing targeting 104.80-105.30 and 106.60-107.50.


EUR/USD on Thursday made an intraday low of US$1.3471/EUR and made an intraday high of US$1.3531/EUR and settled the day 0.273% up at US$1.3487/EUR on session close.
Trading Strategy: Neutral
Based on today’s market, selling the pair 1.3520-1.3590 with risk above 1.3690 targeting 1.3450 and 1.3380-1.3320. Buying can be done above 1.3450-1.3395 targeting 1.3490-1.3550 and 1.3590-1.3620 with stop loss with four hour closing below 1.3350.


GBP/USD on Thursday made an intraday low of US$1.5998/GBP and made an intraday high of US$1.6094/GBP and settled the day down by 0.248% at US$1.6039/GBP on session close.
Trading Strategy: Neutral
Based on today’s market , buying above 1.5930-1.5890 targeting 1.6170-1.6302 with stop loss four hour closing below 1.5850 breakage below 1.5820 targeting 1.5750-1.5700. Sell at strength 1.6085-1.6150 with risk above 1.6170, targeting 1.5930-1.5890 and 1.5820-1.5750.


USD/JPY on Thursday an intraday low of JPY98.25/USD and made an intraday high of JPY99.12/USD and settled the day 0.558% up at JPY98.97/USD on session close.
Trading Strategy: Neutral
Based on today’s market, sell below 99.40-99.90, using a stop loss of 100.20, targeting 97.60-96.80 and 96.30-95.90. Alternatively, a break above 100.20 might call for 100.80-101.20 and 101.80. Buy above 97.90-98.50, using a stop loss of below 97.20, targeting 98.90-99.90 and 100.20-100.80.


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

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