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Re: Ikon Finance Daily Forex Analysis (April)

PostPosted: Wed Apr 16, 2014 4:59 am
by Ajawed
April 16, 2014

Gold closed up on Tuesday and made its intraday high of US$1328.05/ounce before setting intraday low of US$1285.67/ounce. Gold went down by 1.817% at US$1302.18/ounce.
Trading Strategy: Neutral
Based on today’s market, Sell below 1304-1319 with risk hourly closing above 1320, targeting 1311-1301; break above 1320 will call for 1328-1334 and 1344. Buy above 1278-1288 strict stop loss below 1278 hourly closing; targeting 1324-1334 and 1344. Breakage below 1278 will call for 1272-1264.


Silver closed down on Monday made its intraday high of US$20.13/ounce after setting intraday low of US$19.97/ounce. Silver settled 0.349% down at US$19.97/ounce.
Trading Strategy: Neutral
Based on today’s market, sell on strength at 19.60-20.15 with stop above 20.35; targeting 19.35-19.05 and 18.70; upside breakout of 20.35 will open the way to 20.60-20.90. Buyers can buy above 18.70-19.30 targeting 20.10- 20.30 and 20.60-20.95 with risk below 18.70 hourly closing.


Crude futures (May 2014) on Tuesday made an intra-day high of US$104.02/bbl and made an intraday low of US$103.81/bbl and settled up by 0.222% at US$103.81/bbl on session close.
Trading Strategy: Neutral
Based on today’s market, sell below 103.90-104.80 with target of 103.00-102.60 and 101.80-101.00; upside breakage of 105.20 will lead to 106.30. Buy above 103.40-102.60, targeting 103.70-104.80; stop loss 1-hour below 101.70. Breakage below 101.70 will call for 101.20-100.50.


EUR/USD on Tuesday made an intra-day low of US$1.3789/EUR and made an intraday high of US$1.3832/EUR and settled the day down by 0.043% at US$1.3813/EUR on session close.
Trading Strategy: Neutral
Based on today’s market, sell on strength in between 1.3830- 1.3910 targeting 1.3660-1.3550 with stop-loss at 4-hour closing above 1.3910. Buy on dips in between 1.3790-1.3700 with risk below 1.3700, targeting 1.3830- 1.3910.


GBP/USD on Tuesday made an intra-day low of US$1.6657/GBP and made an intraday high of US$1.6747/GBP and settled the day down by 0.001% at US$1.6727/GBP on session close.
Trading Strategy: Neutral
Based on today’s market; sell below 1.6820 with risk above 1.6820; targeting 1.6760-1.6660 and 1.6550-1.6480. Buy above 1.6750-1.6660 with risk above 1.6600; targeting 1.6740-1.6820.


USD/JPY on Tuesday intra-day low of JPY101.49/USD and made an intraday high of JPY 101.98/USD and settled the day 0.068% up at JPY 101.90/USD on session close.
Trading Strategy: Neutral
Based on today’s market; Buy on dips around 101.30- 100.70, using a stop loss of below 100.70; targeting 102.60-103.80. Sell below 102.30-103.00, targeting 101.50-100.00 and 100.70 with stop above 103.80.


http://www.ikonfinance.com/

Re: Ikon Finance Daily Forex Analysis (April)

PostPosted: Thu Apr 17, 2014 6:04 am
by Ajawed
April 17, 2014

Gold closed up on Wednesday and made its intraday high of US$1306.87/ounce before setting intraday low of US$1293.38/ounce. Gold went up by 0.003% at US$1302.12/ounce.
Trading Strategy: Neutral
Based on today’s market, Sell below 1304-1319 with risk hourly closing above 1320, targeting 1311-1301; break above 1320 will call for 1328-1334 and 1344. Buy above 1278-1284 strict stop loss below 1278 hourly closing; targeting 1324-1334 and 1344. Breakage below 1278 will call for 1272-1264.


Silver closed up on Wednesday made its intraday high of US$19.81/ounce after setting intraday low of US$19.93/ounce. Silver settled 0.357% up at US$19.64/ounce.
Trading Strategy: Neutral
Based on today’s market, sell on strength at 19.60-20.15 with stop above 20.35; targeting 19.35-19.05 and 18.70; upside breakout of 20.35 will open the way to 20.60-20.90. Buyers can buy above 18.70-19.30 targeting 20.10- 20.30 and 20.60-20.95 with risk below 18.70 hourly closing.


Crude futures (May 2014) on Wednesday made an intra-day high of US$104.97/bbl and made an intraday low of US$103.11/bbl and settled up by 0.057% at US$103.78/ bbl on session close.
Trading Strategy: Neutral
Based on today’s market, sell below 104.20-105.20 with target of 103.00-102.60 and 101.80-101.00; upside breakage of 105.20 will lead to 106.30. Buy above 103.40-102.60, targeting 103.70-104.80; stop loss 1-hour below 101.70. Breakage below 101.70 will call for 101.20-100.50.


EUR/USD on Wednesday made an intra-day low of US$1.3802/EUR and made an intraday high of US$1.3850/EUR and settled the day up by 0.007% at US$1.3814/EUR on session close.
Trading Strategy: Neutral
Based on today’s market, sell on strength in between 1.3830- 1.3910 targeting 1.3660-1.3550 with stop-loss at 4-hour closing above 1.3910. Buy on dips in between 1.3790-1.3700 with risk below 1.3700, targeting 1.3830- 1.3910.


GBP/USD on Wednesday made an intra-day low of US$1.6718/GBP and made an intraday high of US$1.6816/GBP and settled the day down by 0.04% at US$1.6795/GBP on session close.
Trading Strategy: Neutral
Based on today’s market; sell below 1.6820 with risk above 1.6820; targeting 1.6760-1.6660 and 1.6550-1.6480. Buy above 1.6750-1.6660 with risk above 1.6600; targeting 1.6740-1.6820.


USD/JPY on Wednesday intra-day low of JPY101.80/USD and made an intraday high of JPY 102.35/USD and settled the day 0.314% up at JPY 102.22/USD on session close.
Trading Strategy: Neutral
Based on today’s market; Buy on dips around 101.30- 100.70, using a stop loss of below 100.70; targeting 102.60-103.80. Sell below 102.30-103.00, targeting 101.50-100.00 and 100.70 with stop above 103.80.


http://www.ikonfinance.com/

Re: Ikon Finance Daily Forex Analysis (April)

PostPosted: Mon Apr 21, 2014 7:07 am
by Ajawed
April 21, 2014

Gold closed up on Friday and made its intraday high of US$1303.97/ounce before setting intraday low of US$1293.03/ounce. Gold went down by 0.537% at US$1294.64/ounce.
Trading Strategy: Neutral
Based on today’s market, Sell below 1300-1319 with risk hourly closing above 1320, targeting 1311-1301; break above 1320 will call for 1328-1334 and 1344. Buy above 1278-1284 strict stop loss below 1278 hourly closing; targeting 1324-1334 and 1344. Breakage below 1278 will call for 1272-1264.


Silver closed up on Friday made its intraday high of US$19.71/ounce after setting intraday low of US$19.49/ounce. Silver settled 0.0509% up at US$19.63/ounce.
Trading Strategy: Neutral
Based on today’s market, sell on strength at 19.70-20.15 with stop above 20.35; targeting 19.35-19.05 and 18.70; upside breakout of 20.35 will open the way to 20.60-20.90. Buyers can buy above 18.70-19.30 targeting 20.10- 20.30 and 20.60-20.95 with risk below 18.70 hourly closing.


Crude futures (May 2014) on Friday made an intra-day high of US$104.74/bbl and made an intraday low of US$103.52/bbl and settled up by 0.639% at US$104.74/bbl on session close.
Trading Strategy: Neutral
Based on today’s market, sell below 104.20-105.20 with target of 103.00-102.60 and 101.80-101.00; upside breakage of 105.20 will lead to 106.30. Buy above 103.40-102.60, targeting 103.70-104.80; stop loss 1-hour below 101.70. Breakage below 101.70 will call for 101.20-100.50.


EUR/USD on Friday made an intra-day low of US$1.3806/EUR and made an intraday high of US$1.3821/EUR and settled the day up by 0.021% at US$1.3809/EUR on session close.
Trading Strategy: Neutral
Based on today’s market, sell on strength in between 1.3830- 1.3910 targeting 1.3660-1.3550 with stop-loss at 4-hour closing above 1.3910. Buy on dips in between 1.3790-1.3700 with risk below 1.3700, targeting 1.3830- 1.3910.


GBP/USD on Friday made an intra-day low of US$1.6772/GBP and made an intraday high of US$1.6800/GBP and settled the day down by 0.0357% at US$1.6797/GBP on session close.
Trading Strategy: Neutral
Based on today’s market; sell below 1.6820 with risk above 1.6820; targeting 1.6760-1.6660 and 1.6550-1.6480. Buy above 1.6750-1.6660 with risk above 1.6600; targeting 1.6740-1.6820.


USD/JPY on Friday intra-day low of JPY102.23/USD and made an intraday high of JPY 102.56/USD and settled the day 0.039% up at JPY 102.51/USD on session close.
Trading Strategy: Neutral
Based on today’s market; Buy on dips around 101.30- 100.70, using a stop loss of below 100.70; targeting 102.60-103.80. Sell below 102.30-103.00, targeting 101.50-100.00 and 100.70 with stop above 103.80.


http://www.ikonfinance.com/

Re: Ikon Finance Daily Forex Analysis (April)

PostPosted: Tue Apr 22, 2014 6:18 am
by Ajawed
April 22, 2014

Gold closed down on Monday and made its intraday high of US$1301.22/ounce before setting intraday low of US$1281.70/ounce. Gold went down by 0.661% at US$1289.41/ounce.
Trading Strategy: Neutral
Based on today’s market, Sell below 1294-1304 with risk hourly closing above 1309, targeting 1284-1274 and 1260; break above 1309 will call for 1316-1328 and 1334. Buy above 1278-1284 strict stop loss below 1274 hourly closing; targeting 1324-1334 and 1344. Breakage below 1274 will call for 1268- 1260.


Silver closed down on Friday made its intraday high of US$19.71/ounce after setting intraday low of US$19.24/ounce. Silver settled 0.867% down at US$19.43/ounce.
Trading Strategy: Neutral
Based on today’s market, sell on strength at 19.70-20.15 with stop above 20.35; targeting 19.35-19.05 and 18.70; upside breakout of 20.35 will open the way to 20.60-20.90. Buyers can buy above 18.70-19.30 targeting 20.10- 20.30 and 20.60-20.95 with risk below 18.70 hourly closing.


Crude futures (May 2014) on Monday made an intra-day high of US$103.80/bbl and made an intraday low of US$103.57/bbl and settled down by 0.106% at US$103.57/ bbl on session close.
Trading Strategy: Neutral
Based on today’s market, sell below 103.90-105.20 with target of 103.00-102.60 and 101.80-101.00; upside breakage of 105.20 will lead to 106.30. Buy above 103.40-102.60, targeting 103.70-104.80; stop loss 1-hour below 101.70. Breakage below 101.70 will call for 101.20-100.50.


EUR/USD on Monday made an intra-day low of US$1.3829/EUR and made an intraday high of US$1.3829/EUR and settled the day down by 0.115% at US$1.3791/EUR on session close.
Trading Strategy: Neutral
Based on today’s market, sell on strength in between 1.3830- 1.3910 targeting 1.3660-1.3550 with stop-loss at 4-hour closing above 1.3910. Buy on dips in between 1.3790-1.3700 with risk below 1.3700, targeting 1.3830- 1.3910.


GBP/USD on Monday made an intra-day low of US$1.6782/GBP and made an intraday high of US$1.6817/GBP and settled the day down by 0.0119% at US$1.6789/GBP on session close.
Trading Strategy: Neutral
Based on today’s market; sell below 1.6820 with risk above 1.6820; targeting 1.6760-1.6660 and 1.6550-1.6480. Buy above 1.6750-1.6660 with risk above 1.6600; targeting 1.6740-1.6820.


USD/JPY on Monday intra-day low of JPY102.38/USD and made an intraday high of JPY 102.69/USD and settled the day 0.175% up at JPY 102.59/USD on session close.
Trading Strategy: Neutral
Based on today’s market; Buy on dips around 101.30- 100.70, using a stop loss of below 100.70; targeting 102.60-103.80. Sell below 102.30-103.00, targeting 101.50-100.00 and 100.70 with stop above 103.80.


http://www.ikonfinance.com/

Re: Ikon Finance Daily Forex Analysis (April)

PostPosted: Wed Apr 23, 2014 6:39 am
by Ajawed
April 23, 2014

Gold closed down on Tuesday and made its intraday high of US$1292.63/ounce before setting intraday low of US$1277.37/ounce. Gold went down by 0.506% at US$1283.41/ounce.
Trading Strategy: Neutral
Based on today’s market, Sell below 1288-1304 with risk hourly closing above 1309, targeting 1284-1274 and 1260; break above 1309 will call for 1316-1328 and 1334. Buy above 1278-1284 strict stop loss below 1274 hourly closing; targeting 1324-1334 and 1344. Breakage below 1274 will call for 1268-1260.


Silver closed down on Tuesday made its intraday high of US$19.52/ounce after setting intraday low of US$19.29/ounce. Silver settled 0.051% down at US$19.40/ounce.
Trading Strategy: Neutral
Based on today’s market, sell on strength at 19.65-20.15 with stop above 20.35; targeting 19.35-19.05 and 18.70; upside breakout of 20.35 will open the way to 20.60-20.90. Buyers can buy above 18.70-19.30 targeting 20.10-20.30 and 20.60-20.95 with risk below 18.70 hourly closing.


Crude futures (June 2014) on Tuesday made an intra‐day high of US$103.63/bbl and made an intraday low of US$101.49/bbl and settled down by 1.641% at US$101.86/bbl on session close.
Trading Strategy: Neutral
Based on today’s market, sell below 102.10-103.90 with target of 103.00-102.60 and 101.80-101.00; upside breakage of 104.00 will lead to 105.00-106.30.


EUR/USD on Tuesday made an intra‐day low of US$1.3784/EUR and made an intraday high of US$1.3824/EUR and settled the day down by 0.094% at US$1.3804/EUR on session close.
Trading Strategy: Neutral
Based on today’s market, sell on strength in between 1.3830-1.3910 targeting 1.3660-1.3550 with stop-loss at 4-hour closing above 1.3910. Buy on dips in between 1.3790-1.3700 with risk below 1.3700, targeting 1.3830-1.3910.


GBP/USD on Tuesday made an intra‐day low of US$1.6784/GBP and made an intraday high of US$1.6838/GBP and settled the day down by 0.196% at US$1.6822/GBP on session close.
Trading Strategy: Neutral
Based on today’s market; sell below 1.6820 with risk above 1.6820; targeting 1.6760-1.6660 and 1.6550-1.6480. Buy above 1.6750-1.6660 with risk above 1.6600; targeting 1.6740-1.6820.


USD/JPY
on Tuesday intra‐day low of JPY102.40/USD and made an intraday high of JPY 102.71/USD and settled the day 0.001% down at JPY 102.60/USD on session close.
Trading Strategy: Neutral
Based on today’s market; Buy on dips around 101.30-100.70, using a stop loss of below 100.70; targeting 102.60-103.80. Sell below 102.30-103.00, targeting 101.50-100.00 and 100.70 with stop above 103.80.


http://www.ikonfinance.com/

Re: Ikon Finance Daily Forex Analysis (April)

PostPosted: Thu Apr 24, 2014 6:36 am
by Ajawed
April 24, 2014

Gold closed down on Wednesday and made its intraday high of US$1288.84/ounce before setting intraday low of US$1280.76/ounce. Gold went down by 0.026% at US$1283.36/ounce.
Trading Strategy: Neutral
Based on today’s market, Sell below 1288-1304 with risk hourly closing above 1309, targeting 1284-1274 and 1260; break above 1309 will call for 1316-1328 and 1334. Buy above 1278-1284 strict stop loss below 1274 hourly closing; targeting 1324-1334 and 1344. Breakage below 1274 will call for 1268- 1260.

Silver closed up on Wednesday made its intraday high of US$19.54/ounce after setting intraday low of US$19.38/ounce. Silver settled 0.154% up at US$19.43/ounce.
Trading Strategy: Neutral
Based on today’s market, sell on strength at 19.65-20.15 with stop above 20.35; targeting 19.35-19.05 and 18.70; upside breakout of 20.35 will open the way to 20.60-20.90. Buyers can buy above 18.70-19.30 targeting 20.10- 20.30 and 20.60-20.95 with risk below 18.70 hourly closing.


Crude futures (June 2014) on Wednesday made an intra-day high of US$102.05/ bbl and made an intraday low of US$101.19/bbl and settled down by 0.294% at US$101.53/bbl on session close.
Trading Strategy: Neutral
Based on today’s market, sell below 102.10-103.90 with target of 101.80-101.20 and 100.20; upside breakage of 104.00 will lead to 105.00- 106.30.


EUR/USD on Wednesday made an intra-day low of US$1.3799/EUR and made an intraday high of US$1.3853/EUR and settled the day up by 0.0796% at US$1.3815/EUR on session close.
Trading Strategy: Neutral
Based on today’s market, sell on strength in between 1.3830- 1.3910 targeting 1.3660-1.3550 with stop-loss at 4-hour closing above 1.3910. Buy on dips in between 1.3790-1.3700 with risk below 1.3700, targeting 1.3830- 1.3910.


GBP/USD on Wednesday made an intra-day low of US$1.6761/GBP and made an intraday high of US$1.6835/GBP and settled the day down by 0.225% at US$1.6779/GBP on session close.
Trading Strategy: Neutral
Based on today’s market; sell below 1.6820 with risk above 1.6820; targeting 1.6760-1.6660 and 1.6550-1.6480. Buy above 1.6750-1.6660 with risk above 1.6600; targeting 1.6740-1.6820.


USD/JPY
on Wednesday intra-day low of JPY102.05/USD and made an intraday high of JPY 101.53/USD and settled the day 0.294% down at JPY 101.53/USD on session close.
Trading Strategy: Neutral
Based on today’s market; Buy on dips around 101.30- 100.70, using a stop loss of below 100.70; targeting 102.60-103.80. Sell below 102.30-103.00, targeting 101.50-100.00 and 100.70 with stop above 103.80.


http://www.ikonfinance.com/

Re: Ikon Finance Daily Forex Analysis (April)

PostPosted: Fri Apr 25, 2014 6:27 am
by Ajawed
April 25, 2014

Gold closed down on Thursday and made its intraday high of US$1298.58/ounce before setting intraday low of US$1268.35/ounce. Gold went up by 0.712% at US$1292.80/ounce.
Trading Strategy: Neutral
Based on today’s market, Sell below 1294-1304 with risk hourly closing above 1309, targeting 1284-1274 and 1260; break above 1309 will call for 1316-1328 and 1334. Buy above 1272-1282 strict stop loss below 1268 hourly closing; targeting 1324-1334 and 1344. Breakage below 1268 will call for 1260- 1254.


Silver closed up on Thursday made its intraday high of US$19.90/ounce after setting intraday low of US$18.93/ounce. Silver settled 1.029% up at US$19.63/ounce.
Trading Strategy: Neutral
Based on today’s market, sell on strength at 19.65-20.15 with stop above 20.35; targeting 19.35-19.05 and 18.70; upside breakout of 20.35 will open the way to 20.60-20.90. Buyers can buy above 18.70-19.30 targeting 20.10- 20.30 and 20.60-20.95 with risk below 18.70 hourly closing.


Crude futures (June 2014) on Thursday made an intra-day high of US$102.33/bbl and made an intraday low of US$101.39/bbl and settled down by 0.364% at US$101.88/ bbl on session close.
Trading Strategy: Neutral
Based on today’s market, sell below 102.10-103.90 with target of 101.80-101.20 and 100.20; upside breakage of 104.00 will lead to 105.00- 106.30.


EUR/USD on Thursday made an intra-day low of US$1.3790/EUR and made an intraday high of US$1.3842/EUR and settled the day up by 0.101% at US$1.3829/EUR on session close.
Trading Strategy: Neutral
Based on today’s market, sell on strength in between 1.3830- 1.3910 targeting 1.3660-1.3550 with stop-loss at 4-hour closing above 1.3910. Buy on dips in between 1.3790-1.3700 with risk below 1.3700, targeting 1.3830- 1.3910.


GBP/USD on Thursday made an intra-day low of US$1.6761/GBP and made an intraday high of US$1.6812/GBP and settled the day down by 0.154% at US$1.6808/GBP on session close.
Trading Strategy: Neutral
Based on today’s market; sell below 1.6820 with risk above 1.6820; targeting 1.6760-1.6660 and 1.6550-1.6480. Buy above 1.6750-1.6660 with risk above 1.6600; targeting 1.6740-1.6820.


USD/JPY on Thursday intra-day low of JPY102.06/USD and made an intraday high of JPY 102.65/USD and settled the day 0.185% down at JPY 102.30/USD on session close.
Trading Strategy: Neutral
Based on today’s market; Buy on dips around 101.30- 100.70, using a stop loss of below 100.70; targeting 102.60-103.80. Sell below 102.30-103.00, targeting 101.50-100.00 and 100.70 with stop above 103.80.


http://www.ikonfinance.com/

Re: Ikon Finance Daily Forex Analysis (April)

PostPosted: Mon Apr 28, 2014 6:12 am
by Ajawed
April 28, 2014

Gold closed up on Friday and made its intraday high of US$1304.91/ounce before setting intraday low of US$1290.26/ounce. Gold went up by 0.699% at US$1302.90/ ounce.
Trading Strategy: Neutral
Based on today’s market, Sell below 1304-1316 with risk hourly closing above 1316, targeting 1296-1288 and 1280-1270; break above 1316 will call for 1324-1334. Buy above 1284-1294 strict stop loss below 1277 hourly closing; targeting 1316-1324 and 1334-1344. Breakage below 1277 will call for 1268-1260 and 1254.


Silver closed up on Friday made its intraday high of US$19.79/ounce after setting intraday low of US$19.50/ounce. Silver settled 0.305% up at US$19.70/ounce.
Trading Strategy: Neutral
Based on today’s market, sell on strength at 19.65-20.15 with stop above 20.35; targeting 19.35-19.05 and 18.70; upside breakout of 20.35 will open the way to 20.60-20.90. Buyers can buy above 18.70-19.30 targeting 20.10- 20.30 and 20.60-20.95 with risk below 18.70 hourly closing.


Crude futures (June 2014) on Friday made an intra-day high of US$102.03/bbl and made an intraday low of US$100.47/bbl and settled down by 1.246% at US$100.63/ bbl on session close.
Trading Strategy: Neutral
Based on today’s market, sell below 101.90-103.90 with target of 100.20-99.20; upside breakage of 104.00 will lead to 105.00-106.30.


EUR/USD on Friday made an intra-day low of US$1.3826/EUR and made an intraday high of US$1.3847/EUR and settled the day up by 0.0219% at US$1.3833/EUR on session close.
Trading Strategy: Neutral
Based on today’s market, sell on strength in between 1.3830- 1.3910 targeting 1.3660-1.3550 with stop-loss at 4-hour closing above 1.3910. Buy on dips in between 1.3790-1.3700 with risk below 1.3700, targeting 1.3830- 1.3910.


GBP/USD on Friday made an intra-day low of US$1.6788/GBP and made an intraday high of US$1.6830/GBP and settled the day up by 0.0114% at US$1.6798/GBP on session close.
Trading Strategy: Neutral
Based on today’s market; sell below 1.6820 with risk above 1.6820; targeting 1.6760-1.6660 and 1.6550-1.6480. Buy above 1.6750-1.6660 with risk above 1.6600; targeting 1.6740-1.6820.


USD/JPY
on Friday intra-day low of JPY101.95/USD and made an intraday high of JPY 102.48/USD and settled the day 0.107% down at JPY 102.18/USD on session close.
Trading Strategy: Neutral
Based on today’s market; Buy on dips around 101.30- 100.70, using a stop loss of below 100.70; targeting 102.60-103.80. Sell below 102.30-103.00, targeting 101.50-100.00 and 100.70 with stop above 103.80.


http://www.ikonfinance.com/

Re: Ikon Finance Daily Forex Analysis (April)

PostPosted: Tue Apr 29, 2014 5:00 am
by Ajawed
April 29, 2014

Gold closed up on Monday and made its intraday high of US$1306.42/ounce before setting intraday low of US$1291.70/ounce. Gold went down by 0.5854% at US$1296.42/ounce.
Trading Strategy: Neutral
Based on today’s market, Sell below 1304-1316 with risk hourly closing above 1316, targeting 1296-1288 and 1280-1270; break above 1316 will call for 1324-1334. Buy above 1284-1294 strict stop loss below 1277 hourly closing; targeting 1316-1324 and 1334-1344. Breakage below 1277 will call for 1268-1260 and 1254.


Silver closed down on Monday made its intraday high of US$19.75/ounce after setting intraday low of US$19.45/ounce. Silver settled 0.669% down at US$19.57/ounce.
Trading Strategy: Neutral
Based on today’s market, sell on strength at 19.65-20.15 with stop above 20.35; targeting 19.35-19.05 and 18.70; upside breakout of 20.35 will open the way to 20.60-20.90. Buyers can buy above 18.70-19.30 targeting 20.10- 20.30 and 20.60-20.95 with risk below 18.70 hourly closing.


Crude futures (June 2014) on Monday made an intra-day high of US$101.50/bbl and made an intraday low of US$100.32/bbl and settled up by 0.378% at US$100.85/bbl on session close.
Trading Strategy: Neutral
Based on today’s market, sell below 101.90-103.90 with target of 100.20-99.20; upside breakage of 104.00 will lead to 105.00-106.30.


EUR/USD on Monday made an intra-day low of US$1.3813/EUR and made an intraday high of US$1.3880/EUR and settled the day up by 0.0938% at US$1.3852/EUR on session close.
Trading Strategy: Neutral
Based on today’s market, sell on strength in between 1.3830- 1.3910 targeting 1.3660-1.3550 with stop-loss at 4-hour closing above 1.3910. Buy on dips in between 1.3790-1.3700 with risk below 1.3700, targeting 1.3830- 1.3910.


GBP/USD on Monday made an intra-day low of US$1.6775/GBP and made an intraday high of US$1.6858/GBP and settled the day up by 0.0297% at US$1.6808/GBP on session close.
Trading Strategy: Neutral
Based on today’s market; sell below 1.6820 with risk above 1.6820; targeting 1.6760-1.6660 and 1.6550-1.6480. Buy above 1.6750-1.6660 with risk above 1.6600; targeting 1.6740-1.6820.


USD/JPY on Monday intra-day low of JPY102.01/USD and made an intraday high of JPY 102.62/USD and settled the day 0.414% down at JPY 102.52/USD on session close.
Trading Strategy: Neutral
Based on today’s market; Buy on dips around 101.30- 100.70, using a stop loss of below 100.70; targeting 102.60-103.80. Sell below 102.30-103.00, targeting 101.50-100.00 and 100.70 with stop above 103.80.


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