July 15, 2013
Gold (spot) closed down on Friday made its intraday high of US$1,288.47/ounce after setting intraday low of US$1,267.72/ounce. Gold went down by 0.816% at US$1,285.00/ounce.
Trading Strategy: Neutral
Sell at strength at 1289-1298; targeting 1280-1274 and 1265-1254, upside breakage of 1305 will lead to 1317-1320 and 1330. Buy on dips at 1266-1274 with strict stop loss below 1262 1-hourly closing; targeting 1298-1305 and 1315-1324; break below 1262 will call for 1254-1248 and 1242-1237.
Silver (spot) closed down on Friday made its intraday high of US$20.22/ounce after setting intraday low of US$19.65/ounce. Silver settled 1.09% down at US$19.92/ounce.
Trading Strategy: Neutral
Short positions at 20.05-20.60 with stop above 21.00; targeting 19.90-19.40 and 19.10-18.70, upside breakout of 21.30 will open the way to 21.60-22.40. Buyers can buy above 19.10-19.40, targeting 19.90-20.30 and 20.80-21.30 with risk below 18.90.
Crude futures (July 2013) on Friday made an intra‐day high of US$106.17/bbl and made an intraday low of US$104.34/bbl and settled up by 1.520% at US$104.56/bbl on session close.
Trading Strategy: Neutral
Based on today’s market, sell below 106.90-107.50 with risk above 108.60; targeting 105.90-105.30 and 10.430-103.60. Buy above 105.30-104.20, using a stop loss of 103.60, targeting 105.50-106.30 and 107.50-108.60; alternatively, break below 103.60 might call for 103.20 and 102.60.
EUR/USD on Friday made an intra‐day low of US$1.2998/EUR and made an intraday high of US$1.3099/EUR and settled the day 0.229% up at US$1.3065/EUR on session close.
Trading Strategy: Neutral
Based on today’s market, selling the pair 1.3090-1.3190 with risk above 1.3250; targeting 1.3005-1.2905; alternatively, break above 1.3250 might call for 1.3320-1.3410. Buying can be done above 1.3005-1.3050 targeting 1.3150-1.3240 with stop-loss with four-hour closing below 1.2990.
GBP/USD on Friday made an intra‐day low of US$1.5075/GBP and made an intraday high of US$1.5187/GBP and settled the day down by 0.572% at US$1.5104/GBP on session close.
Trading Strategy: Neutral
Based on today’s market, sell below 1.5120-1.5190, targeting 1.5040-1.4960 and 1.4860-1.4765. Buying can be done 1.5040-1.4960 targeting 1.5105-1.5140 and 1.5240-1.5310; stop-loss with four-hour closing below 1.4950. Alternatively, a break below 1.4950 might call for 1.4890-1.4765.
USD/JPY on Friday an intra‐day low of JPY98.66/USD and made an intraday high of JPY 99.68/USD and settled the day 0.254% up at JPY99.18/USD on session close.
Trading Strategy: Neutral
Based on today’s market, our opinion is selling the pair below 99.50-99.90 targeting 98.20-97.60 and 97.05 and stop-loss with four-hour closing above 101.20. Buy above 98.50-97.60, using a stop loss of 96.90, targeting 101.50-102.00 and 102.40.
http://www.ikonfinance.com/
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IKON FINANCE Forex Analysis (July)
23 posts
• Page 2 of 3 • 1, 2, 3
Re: IKON FINANCE Forex Analysis (July)
by Ajawed » Mon Jul 15, 2013 6:15 am
- Ajawed
- Posts: 328
- Joined: Tue Jan 22, 2013 4:22 am
Re: IKON FINANCE Forex Analysis (July)
by Ajawed » Tue Jul 16, 2013 7:07 am
July 16, 2013
Gold (spot) closed down on Monday made its intraday high of US$1,294.74/ounce after setting intraday low of US$1,273.85/ounce. Gold went down by 0.054% at US$1,284.22/ounce.
Trading Strategy: Neutral
Sell at strength at 1285-1294; targeting 1277-1274 and 1266-1254, upside breakage of 1305 will lead to 1317-1320 and 1330. Buy on dips at 1266-1274 with strict stop loss below 1262 1-hourly closing; targeting 1298-1305 and 1315-1324; break below 1262 will call for 1254-1248 and 1242-1237.
Silver (spot) closed up on Monday made its intraday high of US$20.16/ounce after setting intraday low of US$19.57/ounce. Silver settled 0.453% up at US$19.95/ounce.
Trading Strategy: Neutral
Short positions at 20.05-20.60 with stop above 21.00; targeting 19.90-19.40 and 19.10-18.70, upside breakout of 21.30 will open the way to 21.60-22.40. Buyers can buy above 19.10-19.40, targeting 19.90-20.30 and 20.80-21.30 with risk below 18.90.
Crude futures (July 2013) on Monday made an intra‐day high of US$106.61/bbl and made an intraday low of US$104.63/bbl and settled up by 0.386% at US$106.44/bbl on session close.
Trading Strategy: Neutral
Based on today’s market, sell below 106.90-107.50 with risk above 108.60; targeting 105.90-105.30 and 10.430-103.60. Buy above 105.30-104.20, using a stop loss of 103.60, targeting 105.50-106.30 and 107.50-108.60; alternatively, break below 103.60 might call for 103.20 and 102.60.
EUR/USD on Monday made an intra‐day low of US$1.2992/EUR and made an intraday high of US$1.3060/EUR and settled the day 0.114% down at US$1.3060/EUR on session close.
Trading Strategy: Neutral
Based on today’s market, selling the pair 1.3110-1.3190 with risk above 1.3250; targeting 1.3005-1.2905; alternatively, break above 1.3250 might call for 1.3320-1.3410. Buying can be done above 1.3005-1.3050 targeting 1.3150-1.3240 with stop-loss with four-hour closing below 1.2990.
GBP/USD on Monday made an intra‐day low of US$1.5026/GBP and made an intraday high of US$1.5127/GBP and settled the day down by 0.105% at US$1.5097/GBP on session close.
Trading Strategy: Neutral
Based on today’s market, sell below 1.5140-1.5190, targeting 1.5040-1.4960 and 1.4860-1.4765. Buying can be done 1.5040-1.4960 targeting 1.5105-1.5140 and 1.5240-1.5310; stop-loss with four-hour closing below 1.4950. Alternatively, a break below 1.4950 might call for 1.4890-1.4765.
USD/JPY on Monday an intra‐day low of JPY99.05/USD and made an intraday high of JPY 100.47/USD and settled the day 0.513% up at JPY99.84/USD on session close.
Trading Strategy: Neutral
Based on today’s market, our opinion is selling the pair below 99.50-99.90 targeting 98.20-97.60 and 97.05 and stop-loss with four-hour closing above 101.20. Buy above 98.50-97.60, using a stop loss of 96.90, targeting 101.50-102.00 and 102.40.
http://www.ikonfinance.com/
Gold (spot) closed down on Monday made its intraday high of US$1,294.74/ounce after setting intraday low of US$1,273.85/ounce. Gold went down by 0.054% at US$1,284.22/ounce.
Trading Strategy: Neutral
Sell at strength at 1285-1294; targeting 1277-1274 and 1266-1254, upside breakage of 1305 will lead to 1317-1320 and 1330. Buy on dips at 1266-1274 with strict stop loss below 1262 1-hourly closing; targeting 1298-1305 and 1315-1324; break below 1262 will call for 1254-1248 and 1242-1237.
Silver (spot) closed up on Monday made its intraday high of US$20.16/ounce after setting intraday low of US$19.57/ounce. Silver settled 0.453% up at US$19.95/ounce.
Trading Strategy: Neutral
Short positions at 20.05-20.60 with stop above 21.00; targeting 19.90-19.40 and 19.10-18.70, upside breakout of 21.30 will open the way to 21.60-22.40. Buyers can buy above 19.10-19.40, targeting 19.90-20.30 and 20.80-21.30 with risk below 18.90.
Crude futures (July 2013) on Monday made an intra‐day high of US$106.61/bbl and made an intraday low of US$104.63/bbl and settled up by 0.386% at US$106.44/bbl on session close.
Trading Strategy: Neutral
Based on today’s market, sell below 106.90-107.50 with risk above 108.60; targeting 105.90-105.30 and 10.430-103.60. Buy above 105.30-104.20, using a stop loss of 103.60, targeting 105.50-106.30 and 107.50-108.60; alternatively, break below 103.60 might call for 103.20 and 102.60.
EUR/USD on Monday made an intra‐day low of US$1.2992/EUR and made an intraday high of US$1.3060/EUR and settled the day 0.114% down at US$1.3060/EUR on session close.
Trading Strategy: Neutral
Based on today’s market, selling the pair 1.3110-1.3190 with risk above 1.3250; targeting 1.3005-1.2905; alternatively, break above 1.3250 might call for 1.3320-1.3410. Buying can be done above 1.3005-1.3050 targeting 1.3150-1.3240 with stop-loss with four-hour closing below 1.2990.
GBP/USD on Monday made an intra‐day low of US$1.5026/GBP and made an intraday high of US$1.5127/GBP and settled the day down by 0.105% at US$1.5097/GBP on session close.
Trading Strategy: Neutral
Based on today’s market, sell below 1.5140-1.5190, targeting 1.5040-1.4960 and 1.4860-1.4765. Buying can be done 1.5040-1.4960 targeting 1.5105-1.5140 and 1.5240-1.5310; stop-loss with four-hour closing below 1.4950. Alternatively, a break below 1.4950 might call for 1.4890-1.4765.
USD/JPY on Monday an intra‐day low of JPY99.05/USD and made an intraday high of JPY 100.47/USD and settled the day 0.513% up at JPY99.84/USD on session close.
Trading Strategy: Neutral
Based on today’s market, our opinion is selling the pair below 99.50-99.90 targeting 98.20-97.60 and 97.05 and stop-loss with four-hour closing above 101.20. Buy above 98.50-97.60, using a stop loss of 96.90, targeting 101.50-102.00 and 102.40.
http://www.ikonfinance.com/
- Ajawed
- Posts: 328
- Joined: Tue Jan 22, 2013 4:22 am
Re: IKON FINANCE Forex Analysis (July)
by Ajawed » Wed Jul 17, 2013 5:53 am
July 17, 2013
Gold (spot) closed up on Tuesday made its intraday high of US$1,295.38/ounce after setting intraday low of US$1,277.00/ounce. Gold went up by 0.679% at US$1,291.52/ounce.
Trading Strategy: Neutral
Sell at strength at 1294-1303; targeting 1282-1274 and 1266-1254, upside breakage of 1305 will lead to 1315-1320 and 1330. Buy on dips at 1266-1274 with strict stop loss below 1262 1-hourly closing; targeting 1298-1305 and 1315-1324; break below 1262 will call for 1254-1248 and 1242-1237.
Silver (spot) closed up on Tuesday made its intraday high of US$20.06/ounce after setting intraday low of US$19.68/ounce. Silver settled 0.351% up at US$19.99/ounce.
Trading Strategy: Neutral
Short positions at 20.05-20.60 with stop above 21.00; targeting 19.90-19.40 and 19.10-18.70, upside breakout of 21.30 will open the way to 21.60-22.40. Buyers can buy above 19.10-19.40, targeting 19.90-20.30 and 20.80-21.30 with risk below 18.90.
Crude futures (July 2013) on Tuesday made an intra‐day high of US$107.12/bbl and made an intraday low of US$105.63/bbl and settled down by 0.601% at US$105.76/bbl on session close.
Trading Strategy: Neutral
Based on today’s market, sell below 106.90-107.50 with risk above 108.60; targeting 105.90-105.30 and 10.430-103.60. Buy above 105.30-104.20, using a stop loss of 103.60, targeting 105.50-106.30 and 107.50-108.60; alternatively, break below 103.60 might call for 103.20 and 102.60.
EUR/USD on Monday made an intra‐day low of US$1.2992/EUR and made an intraday high of US$1.3060/EUR and settled the day 0.114% down at US$1.3060/EUR on session close.
Trading Strategy: Neutral
Based on today’s market, selling the pair 1.3150-1.3190 with risk above 1.3250; targeting 1.3005-1.2905; alternatively, break above 1.3250 might call for 1.3320-1.3410. Buying can be done above 1.3005-1.3050 targeting 1.3150-1.3240 with stop-loss with four-hour closing below 1.2990.
GBP/USD on Tuesday made an intra‐day low of US$1.5043/GBP and made an intraday high of US$1.5168/GBP and settled the day up by 0.404% at US$1.5157/GBP on session close.
Trading Strategy: Neutral
Based on today’s market, sell below 1.5140-1.5190, targeting 1.5040-1.4960 and 1.4860-1.4765. Buying can be done 1.5040-1.4960 targeting 1.5105-1.5140 and 1.5240-1.5310; stop-loss with four-hour closing below 1.4950. Alternatively, a break below 1.4950 might call for 1.4890-1.4765.
USD/JPY on Monday an intra‐day low of JPY99.05/USD and made an intraday high of JPY 100.47/USD and settled the day 0.513% up at JPY99.84/USD on session close.
Trading Strategy: Neutral
Based on today’s market, our opinion is selling the pair below 99.50-100.50 targeting 98.20-97.60 and 97.05 and stop-loss with four-hour closing above 101.20. Buy above 98.50-97.60, using a stop loss of 96.90, targeting 101.50-102.00 and 102.40.
http://www.ikonfinance.com/
Gold (spot) closed up on Tuesday made its intraday high of US$1,295.38/ounce after setting intraday low of US$1,277.00/ounce. Gold went up by 0.679% at US$1,291.52/ounce.
Trading Strategy: Neutral
Sell at strength at 1294-1303; targeting 1282-1274 and 1266-1254, upside breakage of 1305 will lead to 1315-1320 and 1330. Buy on dips at 1266-1274 with strict stop loss below 1262 1-hourly closing; targeting 1298-1305 and 1315-1324; break below 1262 will call for 1254-1248 and 1242-1237.
Silver (spot) closed up on Tuesday made its intraday high of US$20.06/ounce after setting intraday low of US$19.68/ounce. Silver settled 0.351% up at US$19.99/ounce.
Trading Strategy: Neutral
Short positions at 20.05-20.60 with stop above 21.00; targeting 19.90-19.40 and 19.10-18.70, upside breakout of 21.30 will open the way to 21.60-22.40. Buyers can buy above 19.10-19.40, targeting 19.90-20.30 and 20.80-21.30 with risk below 18.90.
Crude futures (July 2013) on Tuesday made an intra‐day high of US$107.12/bbl and made an intraday low of US$105.63/bbl and settled down by 0.601% at US$105.76/bbl on session close.
Trading Strategy: Neutral
Based on today’s market, sell below 106.90-107.50 with risk above 108.60; targeting 105.90-105.30 and 10.430-103.60. Buy above 105.30-104.20, using a stop loss of 103.60, targeting 105.50-106.30 and 107.50-108.60; alternatively, break below 103.60 might call for 103.20 and 102.60.
EUR/USD on Monday made an intra‐day low of US$1.2992/EUR and made an intraday high of US$1.3060/EUR and settled the day 0.114% down at US$1.3060/EUR on session close.
Trading Strategy: Neutral
Based on today’s market, selling the pair 1.3150-1.3190 with risk above 1.3250; targeting 1.3005-1.2905; alternatively, break above 1.3250 might call for 1.3320-1.3410. Buying can be done above 1.3005-1.3050 targeting 1.3150-1.3240 with stop-loss with four-hour closing below 1.2990.
GBP/USD on Tuesday made an intra‐day low of US$1.5043/GBP and made an intraday high of US$1.5168/GBP and settled the day up by 0.404% at US$1.5157/GBP on session close.
Trading Strategy: Neutral
Based on today’s market, sell below 1.5140-1.5190, targeting 1.5040-1.4960 and 1.4860-1.4765. Buying can be done 1.5040-1.4960 targeting 1.5105-1.5140 and 1.5240-1.5310; stop-loss with four-hour closing below 1.4950. Alternatively, a break below 1.4950 might call for 1.4890-1.4765.
USD/JPY on Monday an intra‐day low of JPY99.05/USD and made an intraday high of JPY 100.47/USD and settled the day 0.513% up at JPY99.84/USD on session close.
Trading Strategy: Neutral
Based on today’s market, our opinion is selling the pair below 99.50-100.50 targeting 98.20-97.60 and 97.05 and stop-loss with four-hour closing above 101.20. Buy above 98.50-97.60, using a stop loss of 96.90, targeting 101.50-102.00 and 102.40.
http://www.ikonfinance.com/
- Ajawed
- Posts: 328
- Joined: Tue Jan 22, 2013 4:22 am
Re: IKON FINANCE Forex Analysis (July)
by Ajawed » Thu Jul 18, 2013 6:21 am
July 18, 2013
Gold (spot) closed down on Wednesday made its intraday high of US$1,300.53/ounce before setting intraday low of US$1,270.06/ounce. Gold went down by 1.271% at US$1,275.42/ounce.
Trading Strategy: Neutral
Sell at strength at 1280-1288; targeting 1282-1274 and 1266-1254, upside breakage of 1303 will lead to 1315-1320 and 1330. Buy on dips at 1260-1270 with strict stop loss below 1260 1-hourly closing; targeting 1282-1290 and 1296-1305; break below 1260 will call for 1254-1248 and 1242-1237.
Silver (spot) closed down on Wednesday made its intraday high of US$20.16/ounce before setting intraday low of US$19.28/ounce. Silver settled 3.351% down at US$19.49/ounce.
Trading Strategy: Neutral
Short positions at 19.70-20.30 with stop above 21.00; targeting 19.40-19.10 and 18.70-18.40, upside breakout of 21.00 will open the way to 21.60-22.40. Buyers can buy above 18.70-19.20, targeting 19.90-20.30 and 20.80-21.30 with risk below 18.40.
Crude futures (July 2013) on Wednesday made an intra‐day high of US$106.57/bbl and made an intraday low of US$105.09/bbl and settled up by 0.756% at US$106.55/bbl on session close.
Trading Strategy: Neutral
Based on today’s market, sell below 106.90-107.50 with risk above 108.60; targeting 105.90-105.30 and 10.430-103.60. Buy above 105.30-104.20, using a stop loss of 103.60, targeting 105.50-106.30 and 107.50-108.60; alternatively, break below 103.60 might call for 103.20 and 102.60.
EUR/USD on Wednesday made an intra‐day low of US$1.3082/EUR and made an intraday high of US$1.3177/EUR and settled the day 0.288% down at US$1.3123/EUR on session close.
Trading Strategy: Neutral
Based on today’s market, selling the pair 1.3150-1.3190 with risk above 1.3250; targeting 1.3005-1.2905; alternatively, break above 1.3250 might call for 1.3320-1.3410. Buying can be done above 1.3025-1.3075 targeting 1.3150-1.3240 with stop-loss with four-hour closing below 1.2990.
GBP/USD on Wednesday made an intra‐day low of US$1.5077/GBP and made an intraday high of US$1.5266/GBP and settled the day up by 0.349% at US$1.5210/GBP on session close.
Trading Strategy: Neutral
Based on today’s market, sell below 1.5140-1.5190, targeting 1.5040-1.4960 and 1.4860-1.4765. Buying can be done 1.5040-1.4960 targeting 1.5105-1.5140 and 1.5240-1.5310; stop-loss with four-hour closing below 1.4950. Alternatively, a break below 1.4950 might call for 1.4890-1.4765.
USD/JPY on Wednesday an intra‐day low of JPY98.03/USD and made an intraday high of JPY 99.93/USD and settled the day 0.484% up at JPY99.56/USD on session close.
Trading Strategy: Neutral
Based on today’s market, our opinion is selling the pair below 100.20-100.50 targeting 98.20-97.60 and 97.05 and stop-loss with four-hour closing above 101.20. Buy above 99.40-99.90, using a stop loss of 98.90, targeting 101.50-102.00 and 102.40.
http://www.ikonfinance.com/
Gold (spot) closed down on Wednesday made its intraday high of US$1,300.53/ounce before setting intraday low of US$1,270.06/ounce. Gold went down by 1.271% at US$1,275.42/ounce.
Trading Strategy: Neutral
Sell at strength at 1280-1288; targeting 1282-1274 and 1266-1254, upside breakage of 1303 will lead to 1315-1320 and 1330. Buy on dips at 1260-1270 with strict stop loss below 1260 1-hourly closing; targeting 1282-1290 and 1296-1305; break below 1260 will call for 1254-1248 and 1242-1237.
Silver (spot) closed down on Wednesday made its intraday high of US$20.16/ounce before setting intraday low of US$19.28/ounce. Silver settled 3.351% down at US$19.49/ounce.
Trading Strategy: Neutral
Short positions at 19.70-20.30 with stop above 21.00; targeting 19.40-19.10 and 18.70-18.40, upside breakout of 21.00 will open the way to 21.60-22.40. Buyers can buy above 18.70-19.20, targeting 19.90-20.30 and 20.80-21.30 with risk below 18.40.
Crude futures (July 2013) on Wednesday made an intra‐day high of US$106.57/bbl and made an intraday low of US$105.09/bbl and settled up by 0.756% at US$106.55/bbl on session close.
Trading Strategy: Neutral
Based on today’s market, sell below 106.90-107.50 with risk above 108.60; targeting 105.90-105.30 and 10.430-103.60. Buy above 105.30-104.20, using a stop loss of 103.60, targeting 105.50-106.30 and 107.50-108.60; alternatively, break below 103.60 might call for 103.20 and 102.60.
EUR/USD on Wednesday made an intra‐day low of US$1.3082/EUR and made an intraday high of US$1.3177/EUR and settled the day 0.288% down at US$1.3123/EUR on session close.
Trading Strategy: Neutral
Based on today’s market, selling the pair 1.3150-1.3190 with risk above 1.3250; targeting 1.3005-1.2905; alternatively, break above 1.3250 might call for 1.3320-1.3410. Buying can be done above 1.3025-1.3075 targeting 1.3150-1.3240 with stop-loss with four-hour closing below 1.2990.
GBP/USD on Wednesday made an intra‐day low of US$1.5077/GBP and made an intraday high of US$1.5266/GBP and settled the day up by 0.349% at US$1.5210/GBP on session close.
Trading Strategy: Neutral
Based on today’s market, sell below 1.5140-1.5190, targeting 1.5040-1.4960 and 1.4860-1.4765. Buying can be done 1.5040-1.4960 targeting 1.5105-1.5140 and 1.5240-1.5310; stop-loss with four-hour closing below 1.4950. Alternatively, a break below 1.4950 might call for 1.4890-1.4765.
USD/JPY on Wednesday an intra‐day low of JPY98.03/USD and made an intraday high of JPY 99.93/USD and settled the day 0.484% up at JPY99.56/USD on session close.
Trading Strategy: Neutral
Based on today’s market, our opinion is selling the pair below 100.20-100.50 targeting 98.20-97.60 and 97.05 and stop-loss with four-hour closing above 101.20. Buy above 99.40-99.90, using a stop loss of 98.90, targeting 101.50-102.00 and 102.40.
http://www.ikonfinance.com/
- Ajawed
- Posts: 328
- Joined: Tue Jan 22, 2013 4:22 am
Re: IKON FINANCE Forex Analysis (July)
by Ajawed » Fri Jul 19, 2013 6:51 am
July 19, 2013
Gold (spot) closed up on Thursday made its intraday high of US$1,288.45/ounce before setting intraday low of US$1,274.08/ounce. Gold went up by 0.682% at US$1,283.74/ounce.
Trading Strategy: Neutral
Sell at strength at 1294-1300; targeting 1282-1274 and 1266-1254, upside breakage of 1305 will lead to 1315-1320 and 1330. Buy on dips at 1260-1270 with strict stop loss below 1260 1-hourly closing; targeting 1290 and 1296-1305; break below 1260 will call for 1254-1248 and 1242-1237.
Silver (spot) closed up on Thursday made its intraday high of US$19.59/ounce before setting intraday low of US$19.24/ounce. Silver settled 0.51% up at US$19.37/ounce.
Trading Strategy: Neutral
Short positions at 19.70-20.05 with stop above 20.30; targeting 19.40-19.10 and 18.70-18.40, upside breakout of 20.30 will open the way to 20.80-21.20 and 21.60-22.40. Buyers can buy above 18.70-19.20, targeting 19.90-20.30 and 20.80-21.30 with risk below 18.40.
Crude futures (July 2013) on Thursday made an intra‐day high of US$108.40/bbl and made an intraday low of US$106.10/bbl and settled up by 1.558% at US$108.20/bbl on session close.
Trading Strategy: Neutral
Based on today’s market, sell below 108.60 with risk above 109.90; targeting 107.30-106.30 and 105.90-105.30. Buy above 105.30-106.30, using a stop loss of 104.20, targeting 107.50-108.60 and 109.90; alternatively, break below 104.30 might call for 103.20 and 102.60.
EUR/USD on Thursday made an intra‐day low of US$1.3065/EUR and made an intraday high of US$1.3126/EUR and settled the day 0.144% down at US$1.3108/EUR on session close.
Trading Strategy: Neutral
Based on today’s market, selling the pair 1.3150-1.3190 with risk above 1.3250; targeting 1.3005-1.2905; alternatively, break above 1.3250 might call for 1.3320-1.3410. Buying can be done above 1.3025-1.3075 targeting 1.3150-1.3240 with stop-loss with four-hour closing below 1.2990.
GBP/USD on Thursday made an intra‐day low of US$1.5156/GBP and made an intraday high of US$1.5224/GBP and settled the day up by 0.092% at US$1.5224/GBP on session close.
Trading Strategy: Neutral
Based on today’s market, sell below 1.5140-1.5190, targeting 1.5040-1.4960 and 1.4860-1.4765. Buying can be done 1.5040-1.4960 targeting 1.5105-1.5140 and 1.5240-1.5310; stop-loss with four-hour closing below 1.4950. Alternatively, a break below 1.4950 might call for 1.4890-1.4765.
USD/JPY on Thursday an intra‐day low of JPY99.45/USD and made an intraday high of JPY 100.64/USD and settled the day 0.838% up at JPY100.40/USD on session close.
Trading Strategy: Neutral
Based on today’s market, our opinion is selling the pair below 100.20-100.50 targeting 98.20-97.60 and 97.05 and stop-loss with four-hour closing above 101.20. Buy above 99.40-99.90, using a stop loss of 98.90, targeting 101.50-102.00 and 102.40.
http://www.ikonfinance.com/
Gold (spot) closed up on Thursday made its intraday high of US$1,288.45/ounce before setting intraday low of US$1,274.08/ounce. Gold went up by 0.682% at US$1,283.74/ounce.
Trading Strategy: Neutral
Sell at strength at 1294-1300; targeting 1282-1274 and 1266-1254, upside breakage of 1305 will lead to 1315-1320 and 1330. Buy on dips at 1260-1270 with strict stop loss below 1260 1-hourly closing; targeting 1290 and 1296-1305; break below 1260 will call for 1254-1248 and 1242-1237.
Silver (spot) closed up on Thursday made its intraday high of US$19.59/ounce before setting intraday low of US$19.24/ounce. Silver settled 0.51% up at US$19.37/ounce.
Trading Strategy: Neutral
Short positions at 19.70-20.05 with stop above 20.30; targeting 19.40-19.10 and 18.70-18.40, upside breakout of 20.30 will open the way to 20.80-21.20 and 21.60-22.40. Buyers can buy above 18.70-19.20, targeting 19.90-20.30 and 20.80-21.30 with risk below 18.40.
Crude futures (July 2013) on Thursday made an intra‐day high of US$108.40/bbl and made an intraday low of US$106.10/bbl and settled up by 1.558% at US$108.20/bbl on session close.
Trading Strategy: Neutral
Based on today’s market, sell below 108.60 with risk above 109.90; targeting 107.30-106.30 and 105.90-105.30. Buy above 105.30-106.30, using a stop loss of 104.20, targeting 107.50-108.60 and 109.90; alternatively, break below 104.30 might call for 103.20 and 102.60.
EUR/USD on Thursday made an intra‐day low of US$1.3065/EUR and made an intraday high of US$1.3126/EUR and settled the day 0.144% down at US$1.3108/EUR on session close.
Trading Strategy: Neutral
Based on today’s market, selling the pair 1.3150-1.3190 with risk above 1.3250; targeting 1.3005-1.2905; alternatively, break above 1.3250 might call for 1.3320-1.3410. Buying can be done above 1.3025-1.3075 targeting 1.3150-1.3240 with stop-loss with four-hour closing below 1.2990.
GBP/USD on Thursday made an intra‐day low of US$1.5156/GBP and made an intraday high of US$1.5224/GBP and settled the day up by 0.092% at US$1.5224/GBP on session close.
Trading Strategy: Neutral
Based on today’s market, sell below 1.5140-1.5190, targeting 1.5040-1.4960 and 1.4860-1.4765. Buying can be done 1.5040-1.4960 targeting 1.5105-1.5140 and 1.5240-1.5310; stop-loss with four-hour closing below 1.4950. Alternatively, a break below 1.4950 might call for 1.4890-1.4765.
USD/JPY on Thursday an intra‐day low of JPY99.45/USD and made an intraday high of JPY 100.64/USD and settled the day 0.838% up at JPY100.40/USD on session close.
Trading Strategy: Neutral
Based on today’s market, our opinion is selling the pair below 100.20-100.50 targeting 98.20-97.60 and 97.05 and stop-loss with four-hour closing above 101.20. Buy above 99.40-99.90, using a stop loss of 98.90, targeting 101.50-102.00 and 102.40.
http://www.ikonfinance.com/
- Ajawed
- Posts: 328
- Joined: Tue Jan 22, 2013 4:22 am
Re: IKON FINANCE Forex Analysis (July)
by Ajawed » Mon Jul 22, 2013 6:10 am
July 22, 2013
Gold (spot) closed up on Friday made its intraday high of US$1,297.76/ounce after setting intraday low of US$1,282.28/ounce. Gold went up by 0.932% at US$1,295.45/ounce.
Trading Strategy: Neutral
Sell at strength at 1322-1331; targeting 1282-1274 and 1266-1254, upside breakage of 1335 will lead to 1346-1364. Buy on dips at 1302-1290 with strict stop loss below 1282 1-hourly closing; targeting 1320-1330 and 1337-1346; break below 1282 will call for 1274-1266 and 1260-1254.
Silver (spot) closed up on Friday made its intraday high of US$19.61/ounce before setting intraday low of US$19.61/ounce. Silver settled 0.619% up at US$19.49/ounce.
Trading Strategy: Neutral
Short positions at 20.05-20.30 with stop above 20.50; targeting 19.40-19.10 and 18.70-18.40, upside breakout of 20.50 will open the way to 20.90-21.20 and 21.60-22.40. Buyers can buy above 19.40-19.70, targeting 19.90-20.30 and 20.80-21.30 with risk below 18.90.
Crude futures (July 2013) on Friday made an intra‐day high of US$109.30/bbl and made an intraday low of US$107.46/bbl and settled up by 0.286% at US$108.40/bbl on session close.
Trading Strategy: Neutral
Based on today’s market, sell below 108.90-109.50 with risk above 110.10; targeting 107.30-106.30 and 105.90-105.30. Buy above 106.30-106.90, using a stop loss of 105.30, targeting 107.50-108.60 and 109.90; alternatively, break below 105.30 might call for 104.30-103.20 and 102.60.
EUR/USD on Friday made an intra‐day low of US$1.3088/EUR and made an intraday high of US$1.3153/EUR and settled the day 0.251% up at US$1.3141/EUR on session close.
Trading Strategy: Neutral
Based on today’s market, selling the pair 1.3190-1.3220 with risk above 1.3250; targeting 1.3005-1.2905; alternatively, break above 1.3250 might call for 1.3320-1.3410. Buying can be done above 1.3075-1.3120 targeting 1.3150-1.3240 and 1.3320 with stop-loss with four-hour closing below 1.3030.
GBP/USD on Friday made an intra‐day low of US$1.5156/GBP and made an intraday high of US$1.5281/GBP and settled the day up by 0.256% at US$1.5263/GBP on session close.
Trading Strategy: Neutral
Based on today’s market, sell below 1.5140-1.5190, targeting 1.5040-1.4960 and 1.4860-1.4765. Buying can be done 1.5040-1.4960 targeting 1.5105-1.5140 and 1.5240-1.5310; stop-loss with four-hour closing below 1.4950. Alternatively, a break below 1.4950 might call for 1.4890-1.4765.
USD/JPY on Friday an intra‐day low of JPY99.79/USD and made an intraday high of JPY 100.85/USD and settled the day 0.229% up at JPY100.61/USD on session close.
Trading Strategy: Neutral
Based on today’s market, our opinion is selling the pair below 101.20-101.50 targeting 99.940-98.20 and 97.60-97.05 and stop-loss with four-hour closing above 101.20. Buy above 99.40-99.90, using a stop loss of 98.90, targeting 101.50-102.00 and 102.40.
http://www.ikonfinance.com/
Gold (spot) closed up on Friday made its intraday high of US$1,297.76/ounce after setting intraday low of US$1,282.28/ounce. Gold went up by 0.932% at US$1,295.45/ounce.
Trading Strategy: Neutral
Sell at strength at 1322-1331; targeting 1282-1274 and 1266-1254, upside breakage of 1335 will lead to 1346-1364. Buy on dips at 1302-1290 with strict stop loss below 1282 1-hourly closing; targeting 1320-1330 and 1337-1346; break below 1282 will call for 1274-1266 and 1260-1254.
Silver (spot) closed up on Friday made its intraday high of US$19.61/ounce before setting intraday low of US$19.61/ounce. Silver settled 0.619% up at US$19.49/ounce.
Trading Strategy: Neutral
Short positions at 20.05-20.30 with stop above 20.50; targeting 19.40-19.10 and 18.70-18.40, upside breakout of 20.50 will open the way to 20.90-21.20 and 21.60-22.40. Buyers can buy above 19.40-19.70, targeting 19.90-20.30 and 20.80-21.30 with risk below 18.90.
Crude futures (July 2013) on Friday made an intra‐day high of US$109.30/bbl and made an intraday low of US$107.46/bbl and settled up by 0.286% at US$108.40/bbl on session close.
Trading Strategy: Neutral
Based on today’s market, sell below 108.90-109.50 with risk above 110.10; targeting 107.30-106.30 and 105.90-105.30. Buy above 106.30-106.90, using a stop loss of 105.30, targeting 107.50-108.60 and 109.90; alternatively, break below 105.30 might call for 104.30-103.20 and 102.60.
EUR/USD on Friday made an intra‐day low of US$1.3088/EUR and made an intraday high of US$1.3153/EUR and settled the day 0.251% up at US$1.3141/EUR on session close.
Trading Strategy: Neutral
Based on today’s market, selling the pair 1.3190-1.3220 with risk above 1.3250; targeting 1.3005-1.2905; alternatively, break above 1.3250 might call for 1.3320-1.3410. Buying can be done above 1.3075-1.3120 targeting 1.3150-1.3240 and 1.3320 with stop-loss with four-hour closing below 1.3030.
GBP/USD on Friday made an intra‐day low of US$1.5156/GBP and made an intraday high of US$1.5281/GBP and settled the day up by 0.256% at US$1.5263/GBP on session close.
Trading Strategy: Neutral
Based on today’s market, sell below 1.5140-1.5190, targeting 1.5040-1.4960 and 1.4860-1.4765. Buying can be done 1.5040-1.4960 targeting 1.5105-1.5140 and 1.5240-1.5310; stop-loss with four-hour closing below 1.4950. Alternatively, a break below 1.4950 might call for 1.4890-1.4765.
USD/JPY on Friday an intra‐day low of JPY99.79/USD and made an intraday high of JPY 100.85/USD and settled the day 0.229% up at JPY100.61/USD on session close.
Trading Strategy: Neutral
Based on today’s market, our opinion is selling the pair below 101.20-101.50 targeting 99.940-98.20 and 97.60-97.05 and stop-loss with four-hour closing above 101.20. Buy above 99.40-99.90, using a stop loss of 98.90, targeting 101.50-102.00 and 102.40.
http://www.ikonfinance.com/
- Ajawed
- Posts: 328
- Joined: Tue Jan 22, 2013 4:22 am
Re: IKON FINANCE Forex Analysis (July)
by Ajawed » Tue Jul 23, 2013 6:24 am
July 23, 2013
Gold (spot) closed up on Monday made its intraday high of US$1,339.20/ounce after setting intraday low of US$1,295.86/ounce. Gold went up by 2.987% at US$1,335.32/ounce.
Trading Strategy: Neutral
Sell at strength at 1337-1346; targeting 1326-1315 and 1309-1302, upside breakage of 1352 will lead to 1364-1374. Buy on dips at 1309-13 with strict stop loss below 1296 1-hourly closing; targeting 1320-1330 and 1337-1346; break below 1296 will call for 1288-1282 and 1274-1266.
Silver (spot) closed up on Monday made its intraday high of US$20.60/ounce after setting intraday low of US$19.50/ounce. Silver settled 5.28% up at US$20.53/ounce.
Trading Strategy: Neutral
Short positions at 20.60-20.90 with stop above 21.30; targeting 20.05-19.70 and 19.40-19.10, upside breakout of 20.90 will open the way to 21.20-21.60. Buyers can buy above 19.90-20.05, targeting 20.30-20.60 and 20.80-21.30 with risk below 19.60.
Crude futures (July 2013) on Monday made an intra‐day high of US$105.58/bbl and made an intraday low of US$106.49/bbl and settled down by 1.027% at US$106.49/bbl on session close.
Trading Strategy: Neutral
Based on today’s market, sell below 107.50-108.90 with risk above 109.90; targeting 106.30-105.90 and 105.30-104.20. Buy above 106.30-105.90 using a stop loss of 105.30, targeting 107.50-108.60 and 109.90; alternatively, break below 105.30 might call for 104.30-103.20 and 102.60.
EUR/USD on Monday made an intra‐day low of US$1.3133/EUR and made an intraday high of US$1.3217/EUR and settled the day 0.380% up at US$1.3183/EUR on session close.
Trading Strategy: Neutral
Based on today’s market, selling the pair 1.3190-1.3220 with risk above 1.3250; targeting 1.3005-1.2905; alternatively, break above 1.3250 might call for 1.3320-1.3410. Buying can be done above 1.3075-1.3120 targeting 1.3150-1.3240 and 1.3320 with stop-loss with four-hour closing below 1.3030.
GBP/USD on Monday made an intra‐day low of US$1.5256/GBP and made an intraday high of US$1.5383/GBP and settled the day up by 0.596% at US$1.5357/GBP on session close.
Trading Strategy: Neutral
Based on today’s market, sell below 1.5400-1.5490, targeting 1.5290-1.5240 and 1.5150-1.5070. Buying can be done 1.5290-1.5240 targeting 1.5360-1.5400 and 1.5535; stop-loss with four-hour closing below 1.5190. Alternatively, a break below 1.5190 might call for 1.5150-1.5070.
USD/JPY on Monday an intra‐day low of JPY99.64/USD and made an intraday high of JPY 100.61/USD and settled the day 0.788% down at JPY99.64/USD on session close.
Trading Strategy: Neutral
Based on today’s market, our opinion is selling the pair below 101.20-101.50 targeting 99.940-98.20 and 97.60-97.05 and stop-loss with four-hour closing above 101.20. Buy above 99.40-99.90, using a stop loss of 98.90, targeting 101.50-102.00 and 102.40.
http://www.ikonfinance.com/
Gold (spot) closed up on Monday made its intraday high of US$1,339.20/ounce after setting intraday low of US$1,295.86/ounce. Gold went up by 2.987% at US$1,335.32/ounce.
Trading Strategy: Neutral
Sell at strength at 1337-1346; targeting 1326-1315 and 1309-1302, upside breakage of 1352 will lead to 1364-1374. Buy on dips at 1309-13 with strict stop loss below 1296 1-hourly closing; targeting 1320-1330 and 1337-1346; break below 1296 will call for 1288-1282 and 1274-1266.
Silver (spot) closed up on Monday made its intraday high of US$20.60/ounce after setting intraday low of US$19.50/ounce. Silver settled 5.28% up at US$20.53/ounce.
Trading Strategy: Neutral
Short positions at 20.60-20.90 with stop above 21.30; targeting 20.05-19.70 and 19.40-19.10, upside breakout of 20.90 will open the way to 21.20-21.60. Buyers can buy above 19.90-20.05, targeting 20.30-20.60 and 20.80-21.30 with risk below 19.60.
Crude futures (July 2013) on Monday made an intra‐day high of US$105.58/bbl and made an intraday low of US$106.49/bbl and settled down by 1.027% at US$106.49/bbl on session close.
Trading Strategy: Neutral
Based on today’s market, sell below 107.50-108.90 with risk above 109.90; targeting 106.30-105.90 and 105.30-104.20. Buy above 106.30-105.90 using a stop loss of 105.30, targeting 107.50-108.60 and 109.90; alternatively, break below 105.30 might call for 104.30-103.20 and 102.60.
EUR/USD on Monday made an intra‐day low of US$1.3133/EUR and made an intraday high of US$1.3217/EUR and settled the day 0.380% up at US$1.3183/EUR on session close.
Trading Strategy: Neutral
Based on today’s market, selling the pair 1.3190-1.3220 with risk above 1.3250; targeting 1.3005-1.2905; alternatively, break above 1.3250 might call for 1.3320-1.3410. Buying can be done above 1.3075-1.3120 targeting 1.3150-1.3240 and 1.3320 with stop-loss with four-hour closing below 1.3030.
GBP/USD on Monday made an intra‐day low of US$1.5256/GBP and made an intraday high of US$1.5383/GBP and settled the day up by 0.596% at US$1.5357/GBP on session close.
Trading Strategy: Neutral
Based on today’s market, sell below 1.5400-1.5490, targeting 1.5290-1.5240 and 1.5150-1.5070. Buying can be done 1.5290-1.5240 targeting 1.5360-1.5400 and 1.5535; stop-loss with four-hour closing below 1.5190. Alternatively, a break below 1.5190 might call for 1.5150-1.5070.
USD/JPY on Monday an intra‐day low of JPY99.64/USD and made an intraday high of JPY 100.61/USD and settled the day 0.788% down at JPY99.64/USD on session close.
Trading Strategy: Neutral
Based on today’s market, our opinion is selling the pair below 101.20-101.50 targeting 99.940-98.20 and 97.60-97.05 and stop-loss with four-hour closing above 101.20. Buy above 99.40-99.90, using a stop loss of 98.90, targeting 101.50-102.00 and 102.40.
http://www.ikonfinance.com/
- Ajawed
- Posts: 328
- Joined: Tue Jan 22, 2013 4:22 am
Re: IKON FINANCE Forex Analysis (July)
by Ajawed » Wed Jul 24, 2013 7:13 am
July 24, 2013
Gold (spot) closed up on Tuesday made its intraday high of US$1,346.59/ounce after setting intraday low of US$1,326.61/ounce. Gold went up by 0.740% at US$1,344.90/ounce.
Trading Strategy: Neutral
Sell at strength at 1346-1358; targeting 1326-1315 and 1309-1302, upside breakage of 1363 will lead to 1369-1374. Buy on dips at 1324-1332 with strict stop loss below 1318 1-hourly closing; targeting 1330-1338 and 1346-1252; break below 1318 will call for 1311-1303 and 1296-1288.
Silver (spot) closed down on Tuesday made its intraday high of US$20.60/ounce after setting intraday low of US$20.11/ounce. Silver settled 0.292% down at US$20.46/ounce.
Trading Strategy: Neutral
Short positions at 20.60-20.90 with stop above 21.30; targeting 20.05-19.70 and 19.40-19.10, upside breakout of 20.90 will open the way to 21.20-21.60. Buyers can buy above 19.90-20.10, targeting 20.30-20.60 and 20.80-21.30 with risk below 19.70.
Crude futures (July 2013) on Tuesday made an intra‐day high of US$107.51/bbl and made an intraday low of US$105.45/bbl and settled down by 0.345% at US$107.37/bbl on session close.
Trading Strategy: Neutral
Based on today’s market, sell below 107.50-108.90 with risk above 109.90; targeting 106.30-105.90 and 105.30-104.20. Buy above 105.90-105.50 using a stop loss of 105.30, targeting 107.50-108.60 and 109.90; alternatively, break below 105.30 might call for 104.30-103.20 and 102.60.
EUR/USD on Tuesday made an intra‐day low of US$1.3162/EUR and made an intraday high of US$1.3237/EUR and settled the day 0.288% up at US$1.3221/EUR on session close.
Trading Strategy: Neutral
Based on today’s market, selling the pair 1.3190-1.3220 with risk above 1.3250; targeting 1.3005-1.2905; alternatively, break above 1.3250 might call for 1.3320-1.3410. Buying can be done above 1.3075-1.3120 targeting 1.3150-1.3240 and 1.3320 with stop-loss with four-hour closing below 1.3030.
GBP/USD on Tuesday made an intra‐day low of US$1.5251/GBP and made an intraday high of US$1.5391/GBP and settled the day up by 0.058% at US$1.5366/GBP on session close.
Trading Strategy: Neutral
Based on today’s market, sell below 1.5400-1.5490, targeting 1.5290-1.5240 and 1.5150-1.5070. Buying can be done 1.5290-1.5240 targeting 1.5360-1.5400 and 1.5535; stop-loss with four-hour closing below 1.5190. Alternatively, a break below 1.5190 might call for 1.5150-1.5070.
USD/JPY on Tuesday an intra‐day low of JPY99.13/USD and made an intraday high of JPY 100.17/USD and settled the day 0.260% down at JPY99.38/USD on session close.
Trading Strategy: Neutral
Based on today’s market, our opinion is selling the pair below 100.80-101.50 targeting 99.940-98.20 and 97.60-97.05 and stop-loss with four-hour closing above 101.20. Buy above 99.40-99.90, using a stop loss of 98.90, targeting 101.50-102.00 and 102.40.
http://www.ikonfinance.com/
Gold (spot) closed up on Tuesday made its intraday high of US$1,346.59/ounce after setting intraday low of US$1,326.61/ounce. Gold went up by 0.740% at US$1,344.90/ounce.
Trading Strategy: Neutral
Sell at strength at 1346-1358; targeting 1326-1315 and 1309-1302, upside breakage of 1363 will lead to 1369-1374. Buy on dips at 1324-1332 with strict stop loss below 1318 1-hourly closing; targeting 1330-1338 and 1346-1252; break below 1318 will call for 1311-1303 and 1296-1288.
Silver (spot) closed down on Tuesday made its intraday high of US$20.60/ounce after setting intraday low of US$20.11/ounce. Silver settled 0.292% down at US$20.46/ounce.
Trading Strategy: Neutral
Short positions at 20.60-20.90 with stop above 21.30; targeting 20.05-19.70 and 19.40-19.10, upside breakout of 20.90 will open the way to 21.20-21.60. Buyers can buy above 19.90-20.10, targeting 20.30-20.60 and 20.80-21.30 with risk below 19.70.
Crude futures (July 2013) on Tuesday made an intra‐day high of US$107.51/bbl and made an intraday low of US$105.45/bbl and settled down by 0.345% at US$107.37/bbl on session close.
Trading Strategy: Neutral
Based on today’s market, sell below 107.50-108.90 with risk above 109.90; targeting 106.30-105.90 and 105.30-104.20. Buy above 105.90-105.50 using a stop loss of 105.30, targeting 107.50-108.60 and 109.90; alternatively, break below 105.30 might call for 104.30-103.20 and 102.60.
EUR/USD on Tuesday made an intra‐day low of US$1.3162/EUR and made an intraday high of US$1.3237/EUR and settled the day 0.288% up at US$1.3221/EUR on session close.
Trading Strategy: Neutral
Based on today’s market, selling the pair 1.3190-1.3220 with risk above 1.3250; targeting 1.3005-1.2905; alternatively, break above 1.3250 might call for 1.3320-1.3410. Buying can be done above 1.3075-1.3120 targeting 1.3150-1.3240 and 1.3320 with stop-loss with four-hour closing below 1.3030.
GBP/USD on Tuesday made an intra‐day low of US$1.5251/GBP and made an intraday high of US$1.5391/GBP and settled the day up by 0.058% at US$1.5366/GBP on session close.
Trading Strategy: Neutral
Based on today’s market, sell below 1.5400-1.5490, targeting 1.5290-1.5240 and 1.5150-1.5070. Buying can be done 1.5290-1.5240 targeting 1.5360-1.5400 and 1.5535; stop-loss with four-hour closing below 1.5190. Alternatively, a break below 1.5190 might call for 1.5150-1.5070.
USD/JPY on Tuesday an intra‐day low of JPY99.13/USD and made an intraday high of JPY 100.17/USD and settled the day 0.260% down at JPY99.38/USD on session close.
Trading Strategy: Neutral
Based on today’s market, our opinion is selling the pair below 100.80-101.50 targeting 99.940-98.20 and 97.60-97.05 and stop-loss with four-hour closing above 101.20. Buy above 99.40-99.90, using a stop loss of 98.90, targeting 101.50-102.00 and 102.40.
http://www.ikonfinance.com/
- Ajawed
- Posts: 328
- Joined: Tue Jan 22, 2013 4:22 am
Re: IKON FINANCE Forex Analysis (July)
by Ajawed » Thu Jul 25, 2013 4:19 am
July 25, 2013
Gold (spot) closed up on Wednesday made its intraday high of US$1,347.69/ounce before setting intraday low of US$1,313.03/ounce. Gold went down by 1.828% at US$1,321.73/ounce.
Trading Strategy: Neutral
Sell at strength at 1332-1344; targeting 1318-1313 and 1309-1302, upside breakage of 1352 will lead to 1358-1364 and 1369-1374. Buy on dips at 1309-1302 with strict stop loss below 1296 1-hourly closing; targeting 1330-1338 and 1346-1252; break below 1296 will call for 1288-1282.
Silver (spot) closed down on Wednesday made its intraday high of US$20.50/ounce after setting intraday low of US$20.00/ounce. Silver settled 1.61% down at US$20.15/ounce.
Trading Strategy: Neutral
Short positions at 20.30-20.60 with stop above 20.90; targeting 20.05-19.70 and 19.40-19.10, upside breakout of 20.90 will open the way to 21.20-21.60. Buyers can buy above 19.70-19.90, targeting 20.30-20.60 and 20.80-21.30 with risk below 19.10.
Crude futures (July 2013) on Wednesday made an intra‐day high of US$107.50/bbl and made an intraday low of US$104.79/bbl and settled up by 1.905% at US$105.30/bbl on session close.
Trading Strategy: Neutral
Sell in-between 106.30-107.50 with risk above 108.60; targeting 105.30-104.30 and 103.20-102.40. Buy above 104.40-103.60 using a stop loss of 102.20, targeting 105.50-106.90 and 107.50-108.60.
EUR/USD on Wednesday made an intra‐day low of US$1.3175/EUR and made an intraday high of US$1.3255/EUR and settled the day 0.189% down at US$1.3199/EUR on session close.
Trading Strategy: Neutral
Based on today’s market, selling the pair 1.3220-1.3250 with risk above 1.3320; targeting 1.3170-1.3120 and 1.3005-1.2905; alternatively, break above 1.3320 might call for 1.3410-1.3490. Buying can be done above 1.3120-1.3170 targeting 1.3240-1.3320 and 1.3410 with stop-loss with four-hour closing below 1.3070.
GBP/USD on Wednesday made an intra‐day low of US$1.5288/GBP and made an intraday high of US$1.5388/GBP and settled the day down by 0.357% at US$1.5311/GBP on session close.
Trading Strategy: Neutral
Based on today’s market, sell below 1.5400-1.5490, targeting 1.5290-1.5240 and 1.5150-1.5070. Buying can be done 1.5290-1.5240 targeting 1.5360-1.5400 and 1.5535; stop-loss with four-hour closing below 1.5190. Alternatively, a break below 1.5190 might call for 1.5150-1.5070.
USD/JPY on Wednesday an intra‐day low of JPY99.37/USD and made an intraday high of JPY 100.43/USD and settled the day 0.845% up at JPY100.24/USD on session close.
Trading Strategy: Neutral
Based on today’s market, our opinion is selling the pair below 100.80-101.50 targeting 99.940-98.20 and 97.60-97.05 and stop-loss with four-hour closing above 101.20. Buy above 99.40, using a stop loss of 98.90, targeting 101.50-102.00 and 102.40.
http://www.ikonfinance.com/
Gold (spot) closed up on Wednesday made its intraday high of US$1,347.69/ounce before setting intraday low of US$1,313.03/ounce. Gold went down by 1.828% at US$1,321.73/ounce.
Trading Strategy: Neutral
Sell at strength at 1332-1344; targeting 1318-1313 and 1309-1302, upside breakage of 1352 will lead to 1358-1364 and 1369-1374. Buy on dips at 1309-1302 with strict stop loss below 1296 1-hourly closing; targeting 1330-1338 and 1346-1252; break below 1296 will call for 1288-1282.
Silver (spot) closed down on Wednesday made its intraday high of US$20.50/ounce after setting intraday low of US$20.00/ounce. Silver settled 1.61% down at US$20.15/ounce.
Trading Strategy: Neutral
Short positions at 20.30-20.60 with stop above 20.90; targeting 20.05-19.70 and 19.40-19.10, upside breakout of 20.90 will open the way to 21.20-21.60. Buyers can buy above 19.70-19.90, targeting 20.30-20.60 and 20.80-21.30 with risk below 19.10.
Crude futures (July 2013) on Wednesday made an intra‐day high of US$107.50/bbl and made an intraday low of US$104.79/bbl and settled up by 1.905% at US$105.30/bbl on session close.
Trading Strategy: Neutral
Sell in-between 106.30-107.50 with risk above 108.60; targeting 105.30-104.30 and 103.20-102.40. Buy above 104.40-103.60 using a stop loss of 102.20, targeting 105.50-106.90 and 107.50-108.60.
EUR/USD on Wednesday made an intra‐day low of US$1.3175/EUR and made an intraday high of US$1.3255/EUR and settled the day 0.189% down at US$1.3199/EUR on session close.
Trading Strategy: Neutral
Based on today’s market, selling the pair 1.3220-1.3250 with risk above 1.3320; targeting 1.3170-1.3120 and 1.3005-1.2905; alternatively, break above 1.3320 might call for 1.3410-1.3490. Buying can be done above 1.3120-1.3170 targeting 1.3240-1.3320 and 1.3410 with stop-loss with four-hour closing below 1.3070.
GBP/USD on Wednesday made an intra‐day low of US$1.5288/GBP and made an intraday high of US$1.5388/GBP and settled the day down by 0.357% at US$1.5311/GBP on session close.
Trading Strategy: Neutral
Based on today’s market, sell below 1.5400-1.5490, targeting 1.5290-1.5240 and 1.5150-1.5070. Buying can be done 1.5290-1.5240 targeting 1.5360-1.5400 and 1.5535; stop-loss with four-hour closing below 1.5190. Alternatively, a break below 1.5190 might call for 1.5150-1.5070.
USD/JPY on Wednesday an intra‐day low of JPY99.37/USD and made an intraday high of JPY 100.43/USD and settled the day 0.845% up at JPY100.24/USD on session close.
Trading Strategy: Neutral
Based on today’s market, our opinion is selling the pair below 100.80-101.50 targeting 99.940-98.20 and 97.60-97.05 and stop-loss with four-hour closing above 101.20. Buy above 99.40, using a stop loss of 98.90, targeting 101.50-102.00 and 102.40.
http://www.ikonfinance.com/
- Ajawed
- Posts: 328
- Joined: Tue Jan 22, 2013 4:22 am
Re: IKON FINANCE Forex Analysis (July)
by Ajawed » Fri Jul 26, 2013 6:58 am
July 26, 2013
Gold (spot) closed up on Thursday made its intraday high of US$1,337.75/ounce after setting intraday low of US$1,308.80/ounce. Gold went up by 0.873% at US$1,333.25/ounce.
Trading Strategy: Neutral
Sell at strength at 1340-1346; targeting 1331-1324 and 1318-1313, upside breakage of 1352 will lead to 1358-1364 and 1369-1374. Buy on dips at 1309-1320 with strict stop loss below 1302 1-hourly closing; targeting 1338-1346 and 1352-1364; break below 1302 will call for 1294-1288.
Silver (spot) closed up on Thursday made its intraday high of US$20.32/ounce after setting intraday low of US$19.79/ounce. Silver settled 0.447% up at US$20.22/ounce.
Trading Strategy: Neutral
Short positions at 20.30-20.60 with stop above 20.90; targeting 20.05-19.70 and 19.40-19.10, upside breakout of 20.90 will open the way to 21.20-21.60. Buyers can buy above 19.70-19.90, targeting 20.30-20.60 and 20.80-21.30 with risk below 19.10.
Crude futures (July 2013) on Wednesday made an intra‐day high of US$107.50/bbl and made an intraday low of US$104.79/bbl and settled up by 1.905% at US$105.30/bbl on session close.
Trading Strategy: Neutral
Sell in-between 106.30-107.50 with risk above 108.60; targeting 105.30-104.30 and 103.20-102.40. Buy above 104.40-103.60 using a stop loss of 102.20, targeting 105.50-106.90 and 107.50-108.60.
EUR/USD on Thursday made an intra‐day low of US$1.3164/EUR and made an intraday high of US$1.3295/EUR and settled the day 0.590% up at US$1.3276/EUR on session close.
Trading Strategy: Neutral
Based on today’s market, Buying the pair above 1.3230-1.3170 targeting 1.3240-1.3320 and 1.3410 with stop-loss with four-hour closing below 1.3120. Selling can 1.3270-1.3290 with risk above 1.3320; targeting 1.3170-1.3120 and 1.3005-1.2905; alternatively, break above 1.3320 might call for 1.3410-1.3490.
GBP/USD on Thursday made an intra‐day low of US$1.5262/GBP and made an intraday high of US$1.5433/GBP and settled the day up by 0.502% at US$1.5388/GBP on session close.
Trading Strategy: Neutral
Based on today’s market, sell below 1.5400-1.5490, targeting 1.5290-1.5240 and 1.5150-1.5070. Buying can be done 1.5290-1.5240 targeting 1.5360-1.5400 and 1.5535; stop-loss with four-hour closing below 1.5190. Alternatively, a break below 1.5190 might call for 1.5150-1.5070.
USD/JPY on Thursday an intra‐day low of JPY98.88/USD and made an intraday high of JPY 100.44/USD and settled the day 0.965% up at JPY99.27/USD on session close.
Trading Strategy: Neutral
Based on today’s market, our opinion is selling the pair below 100.80-101.50 targeting 99.940-98.20 and 97.60-97.05 and stop-loss with four-hour closing above 101.20. Buy above 99.40, using a stop loss of 98.90, targeting 101.50-102.00 and 102.40.
http://www.ikonfinance.com/
Gold (spot) closed up on Thursday made its intraday high of US$1,337.75/ounce after setting intraday low of US$1,308.80/ounce. Gold went up by 0.873% at US$1,333.25/ounce.
Trading Strategy: Neutral
Sell at strength at 1340-1346; targeting 1331-1324 and 1318-1313, upside breakage of 1352 will lead to 1358-1364 and 1369-1374. Buy on dips at 1309-1320 with strict stop loss below 1302 1-hourly closing; targeting 1338-1346 and 1352-1364; break below 1302 will call for 1294-1288.
Silver (spot) closed up on Thursday made its intraday high of US$20.32/ounce after setting intraday low of US$19.79/ounce. Silver settled 0.447% up at US$20.22/ounce.
Trading Strategy: Neutral
Short positions at 20.30-20.60 with stop above 20.90; targeting 20.05-19.70 and 19.40-19.10, upside breakout of 20.90 will open the way to 21.20-21.60. Buyers can buy above 19.70-19.90, targeting 20.30-20.60 and 20.80-21.30 with risk below 19.10.
Crude futures (July 2013) on Wednesday made an intra‐day high of US$107.50/bbl and made an intraday low of US$104.79/bbl and settled up by 1.905% at US$105.30/bbl on session close.
Trading Strategy: Neutral
Sell in-between 106.30-107.50 with risk above 108.60; targeting 105.30-104.30 and 103.20-102.40. Buy above 104.40-103.60 using a stop loss of 102.20, targeting 105.50-106.90 and 107.50-108.60.
EUR/USD on Thursday made an intra‐day low of US$1.3164/EUR and made an intraday high of US$1.3295/EUR and settled the day 0.590% up at US$1.3276/EUR on session close.
Trading Strategy: Neutral
Based on today’s market, Buying the pair above 1.3230-1.3170 targeting 1.3240-1.3320 and 1.3410 with stop-loss with four-hour closing below 1.3120. Selling can 1.3270-1.3290 with risk above 1.3320; targeting 1.3170-1.3120 and 1.3005-1.2905; alternatively, break above 1.3320 might call for 1.3410-1.3490.
GBP/USD on Thursday made an intra‐day low of US$1.5262/GBP and made an intraday high of US$1.5433/GBP and settled the day up by 0.502% at US$1.5388/GBP on session close.
Trading Strategy: Neutral
Based on today’s market, sell below 1.5400-1.5490, targeting 1.5290-1.5240 and 1.5150-1.5070. Buying can be done 1.5290-1.5240 targeting 1.5360-1.5400 and 1.5535; stop-loss with four-hour closing below 1.5190. Alternatively, a break below 1.5190 might call for 1.5150-1.5070.
USD/JPY on Thursday an intra‐day low of JPY98.88/USD and made an intraday high of JPY 100.44/USD and settled the day 0.965% up at JPY99.27/USD on session close.
Trading Strategy: Neutral
Based on today’s market, our opinion is selling the pair below 100.80-101.50 targeting 99.940-98.20 and 97.60-97.05 and stop-loss with four-hour closing above 101.20. Buy above 99.40, using a stop loss of 98.90, targeting 101.50-102.00 and 102.40.
http://www.ikonfinance.com/
- Ajawed
- Posts: 328
- Joined: Tue Jan 22, 2013 4:22 am
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