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Posts: 18

Topic: Ikon Markets Daily Forex Analysis (December)

December 2, 2013

Gold (spot) closed up on Friday and made its intraday high of US$1254.87/ounce after setting intraday low of US$1240.77/ounce. Gold went up by 0.585% at US$1251.66/ ounce.
Trading Strategy: Neutral
Sell on strength 1254-1268; targeting 1240-1234, upside breakage of 1278 will lead to 1296-1307 and 1313. Buy on dips at 1227-1234 with strict stop loss below 1218 1-hourly closing; targeting 1251-1265 and 1278-1289 break below 1218 will call for 1208-1190.


Silver (spot) closed up on Friday made its intraday high of US$20.08/ounce after setting intraday low of US$19.68/ounce. Silver settled 1.165% up at US$19.97/ounce.
Trading Strategy: Neutral
Sell on Strength at 19.95-20.60 with stop above 20.60; targeting 19.60-19.20 and 18.70; upside breakout of 20.60 will open the way to 21.05-21.55 and 22.40-22.75. Buyers can buy above 19.10-19.50 targeting 20.05-20.75 and 20.95-21.55 with risk below 18.70 hourly closing.


Crude futures (Oct 2013) on Friday made an intra-day high of US$93.89/bbl and made an intraday low of US$92.10/bbl and settled down by 0.563% at US$92.77/bbl on session close.
Trading Strategy: Neutral
Buy above 91.70, targeting 92.50-93.40 and 94.05-95.40; stop loss below 91.20. Breakage below 91.20 will call for 90.80-89.90. Sell-in-between 93.80-94.90 with risk above 95.40; targeting 91.70-90.80 and 90.00; upside breakage of 95.40 will lead to 96.05-97.05 and 97.60-98.80.


EUR/USD on Friday made an intra-day low of US$1.3579/EUR and made an intraday high of US$1.3620/EUR and settled the day down by 0.095% at US$1.3590/EUR on session close.
Trading Strategy: Neutral
Based on today’s market, buy on dips in between 1.3560- 1.3460 with risk below 1.3380, targeting 1.3580-1.3620 and 1.3660-1.3740. Sell on strength 1.3600-1.3660 targeting 1.3460-1.3420 and 1.3380-1.3290 and stop- loss at four-hour closing above 1.3660.


GBP/USD on Friday made an intra-day low of US$1.6313/GBP and made an intraday high of US$1.6383/GBP and settled the day up by 0.159% at US$1.6367/ GBP on session close.
Trading Strategy: Neutral
Based on today’s market; Buy above 1.6310-1.6260, targeting 1.6380-1.6470; breakage below 1.6260 may target 1.6200-1.6120.


USD/JPY on Friday an intra-day low of JPY102.10/USD and made an intraday high of JPY 102.60/UD and settled the day 0.130% up at JPY 102.43/USD on session close.
Trading Strategy: Neutral
Based on today’s market, Buy above 101.50-100.80, using a stop loss of below 100.80, targeting 102.40-103.30.


http://www.ikonmarkets.com/daily-reports/2013/12/02/

Re: Ikon Markets Daily Forex Analysis (December)

December 3, 2013

Gold (spot) closed down on Monday and made its intraday high of US$1250.77/ounce a before setting intraday low of US$1217.64/ounce. Gold went down by 2.488% at US$1219.50/ounce.
Trading Strategy: Neutral
Sell on strength 1229-1248; targeting 1213-1204, upside breakage of 1255 will lead to 1265-1278. Buy on dips at 1190-1204 with strict stop loss below 1178 1-hourly closing; targeting 1229-1251 and 1265-1278 break below 1178 will call for 1164- 1154.


Silver (spot) closed down on Monday made its intraday high of US$19.97/ounce after setting intraday low of US$19.09/ounce. Silver settled 4.058% down at US$19.15/ounce.
Trading Strategy: Neutral
Sell on Strength at 19.45-20.05 with stop above 20.60; targeting 19.10-18.70; upside breakout of 20.60 will open the way to 21.05-21.55 and 22.40-22.75. Buyers can buy above 18.70-19.10 targeting 19.45-20.05 and 20.60-20.95 with risk below 18.60 hourly closing.


Crude futures (Oct 2013) on Monday made an intra-day high of US$94.05/bbl and made an intraday low of US$92.55/bbl and settled down by 1.305% at US$93.90/bbl on session close.
Trading Strategy: Neutral
Buy above 93.20-91.70, targeting 94.05-95.40 and 96.05; stop loss below 91.20. Breakage below 91.70 will call for 91.20-90.80 and 89.90. Sell-in-between 94.50- 95.40 with risk above 96.05; targeting 93.20-92.50 and 91.70-90.80; upside breakage of 96.05 will lead to 97.05 and 97.60-98.80.


EUR/USD on Monday made an intra-day low of US$1.3525/EUR and made an intraday high of US$1.3615/EUR and settled the day down by 0.331% at US$1.3540/EUR on session close.
Trading Strategy: Neutral
Based on today’s market, Sell on strength 1.3600-1.3660 targeting 1.3460-1.3420 and 1.3380-1.3290 and stop-loss at four-hour closing above 1.3660. Buy on dips in between 1.3510-1.3460 with risk below 1.3380, targeting 1.3580-1.3620 and 1.3660-1.3740.


GBP/USD on Monday made an intra-day low of US$1.6341/GBP and made an intraday high of US$1.6441/GBP and settled the day down by 0.085% at US$1.6354/GBP on session close.
Trading Strategy: Neutral
Based on today’s market; Buy above 1.6310-1.6260, targeting 1.6380-1.6470; breakage below 1.6260 may target 1.6200-1.6120.


USD/JPY on Monday an intra-day low of JPY102.21/USD and made an intraday high of JPY 103.12/UD and settled the day 0.429% up at JPY 102.92/USD on session close.
Trading Strategy: Neutral
Based on today’s market, Buy above 101.50-100.80, using a stop loss of below 100.80, targeting 102.40-103.30.


http://www.ikonmarkets.com/daily-reports/2013/12/03/

Re: Ikon Markets Daily Forex Analysis (December)

December 4, 2013

Gold (spot) closed down on Tuesday and made its intraday high of US$1226.23/ ounce a before setting intraday low of US$1214.96/ounce. Gold went up by 0.282% at US$1222.91/ounce.
Trading Strategy: Neutral

Sell on strength 1229-1248; targeting 1213-1204, upside breakage of 1255 will lead to 1265-1278. Buy on dips at 1190-1204 with strict stop loss below 1178 1-hourly closing; targeting 1229-1251 and 1265-1278 break below 1178 will call for 1164- 1154.

Silver (spot) closed down on Tuesday made its intraday high of US$19.32/ounce after setting intraday low of US$18.98/ounce. Silver settled 0.208% down at US$19.11/ounce.
Trading Strategy: Neutral

Sell on Strength at 19.45-20.05 with stop above 20.60; targeting 19.10-18.70; upside breakout of 20.60 will open the way to 21.05-21.55 and 22.40-22.75. Buyers can buy above 18.70-19.10 targeting 19.45-20.05 and 20.60-20.95 with risk below 18.60 hourly closing.

Crude futures (Oct 2013) on Tuesday made an intra-day high of US$96.94/bbl and made an intraday low of US$93.65/bbl and settled up by 3.217% at US$96.88/bbl on session close.
Trading Strategy: Neutral

Buy above 95.40-94.05, targeting 97.60-98.50 and 99.20-100.20; stop loss below 92.50. Breakage below 92.50 will call for 91.70-91.20 and 90.80-89.90. Sell-in- between 97.50-98.60 with risk above 99.20; targeting 95.40-94.05 and 93.20-92.50; upside breakage of 99.20 will lead to 100.20.

EUR/USD on Tuesday made an intra-day low of US$1.3523/EUR and made an intraday high of US$1.3612/EUR and settled the day down by 0.354% at US$1.3588/EUR on session close.
Trading Strategy: Neutral

Based on the charts and explanations above, Sell on strength 1.3600-1.3660 targeting 1.3460-1.3420 and 1.3380-1.3290 and stop-loss at four-hour closing above 1.3660. Buy on dips in between 1.3510-1.3460 with risk below 1.3380, targeting 1.3580-1.3620 and 1.3660-1.3740.

GBP/USD on Tuesday made an intra-day low of US$1.6345/GBP and made an intraday high of US$1.6435/GBP and settled the day up by 0.214% at US$1.6389/ GBP on session close.
Trading Strategy: Neutral

Based on the charts and explanations above; Buy above 1.6310-1.6260, targeting 1.6380-1.6470; breakage below 1.6260 may target 1.6200-1.6120.

USD/JPY on Tuesday an intra-day low of JPY101.97/USD and made an intraday high of JPY 103.37/UD and settled the day 0.417% down at JPY 102.49/USD on session close.
Trading Strategy: Neutral

Based on the charts and explanations above, Buy above 101.50-100.80, using a stop loss of below 100.80, targeting 102.40-103.30.

http://www.ikonmarkets.com/daily-reports/2013/12/04/

Re: Ikon Markets Daily Forex Analysis (December)

December 5, 2013

Gold (spot) closed up on Wednesday and made its intraday high of US$1251.44/ ounce a before setting intraday low of US$1211.46/ounce. Gold went up by 1.641% at US$1243.38/ounce.
Trading Strategy: Neutral
Sell on strength 1242-1255; targeting 1236-1228 and 1213-1204, upside breakage of 1258 will lead to 1265-1278. Buy on dips at 1204-1216 with strict stop loss below 1198 1-hourly closing; targeting 1242-1251 and 1265-1278 break below 1198 will call for 1190-1178.


Silver (spot) closed up on Wednesday made its intraday high of US$19.89/ounce after setting intraday low of US$18.86/ounce. Silver settled 3.038% up at US$19.67/ounce.
Trading Strategy: Neutral
Sell on Strength at 19.90-20.45 with stop above 20.60; targeting 19.35-19.10 and 18.70; upside breakout of 20.60 will open the way to 21.05-21.55 and 22.40-22.75. Buyers can buy above 18.90-19.35 targeting 19.85-20.05 and 20.60-20.95 with risk below 18.70 hourly closing.


Crude futures (Oct 2013) on Wednesday made an intra-day high of US$97.55/bbl and made an intraday low of US$96.29/bbl and settled up by 0.402% at US$96.29/bbl on session close.
Trading Strategy: Neutral
Buy above 96.05-95.40, targeting 97.60-98.50 and 99.20-100.20; stop loss below 94.50. Breakage below 92.50 will call for 91.70-91.20 and 90.80-89.90. Sell-in- between 97.50-98.60 with risk above 99.20; targeting 95.40-94.05 and 93.20-92.50; upside breakage of 99.20 will lead to 100.20.


EUR/USD on Wednesday made an intra-day low of US$1.3527/EUR and made an intraday high of US$1.3604/EUR and settled the day down by 0.022% at US$1.3592/ EUR on session close.
Trading Strategy: Neutral
Based on today’s market, Sell on strength 1.3660 targeting 1.3460-1.3420 and 1.3380-1.3290 and stop-loss at 4-hour closing above 1.3660. Buy on dips in between 1.3550-1.3460 with risk below 1.3380, targeting 1.3580- 1.3620 and 1.3660-1.3740.


GBP/USD on Wednesday made an intra-day low of US$1.6325/GBP and made an intraday high of US$1.6402/GBP and settled the day up by 0.048% at US$1.6381/ GBP on session close.
Trading Strategy: Neutral
Based on today’s market; Buy above 1.6310-1.6260, targeting 1.6380-1.6470; breakage below 1.6260 may target 1.6200-1.6120.


USD/JPY on Wednesday an intra-day low of JPY101.80/USD and made an intraday high of JPY 102.83/UD and settled the day 0.146% down at JPY 102.34/USD on session close.
Trading Strategy: Neutral
Based on today’s market, buy on dips around 101.50- 100.80, using a stop loss of below 100.80; targeting 102.40-103.30. Selling can be done 102.80-103.40 with risk above 103.80; targeting 101.80-101.50 and 100.80.


http://ikonmarkets.com/daily-reports/2013/12/05/

Re: Ikon Markets Daily Forex Analysis (December)

December 9, 2013

Gold (spot) closed up on Friday and made its intraday high of US$1244.21/ounce a before setting intraday low of US$1212.60/ounce. Gold went up by 0.318% at US$1228.85/ounce.
Trading Strategy: Neutral
Sell on strength 1234-1246; targeting 1228-1211 and 1206-1190, upside breakage of 1255 will lead to 1265-1278. Buy on dips at 1204-1211 with strict stop loss below 1198 1-hourly closing; targeting 1234-1242 and 1255-1265 break below 1198 will call for 1190-1178.


Silver (spot) closed up on Friday made its intraday high of US$19.75/ounce after setting intraday low of US$19.16/ounce. Silver settled 0.671% up at US$19.49/ounce.
Trading Strategy: Neutral
Sell on Strength at 19.90-20.45 with stop above 20.60; targeting 19.35-19.10 and 18.70; upside breakout of 20.60 will open the way to 21.05-21.55 and 22.40-22.75. Buyers can buy above 18.90-19.35 targeting 19.85-20.05 and 20.60-20.95 with risk below 18.70 hourly closing.


Crude futures (Oct 2013) on Friday made an intra-day high of US$98.03/bbl and made an intraday low of US$97.05/bbl and settled up by 0.400% at US$97.75/bbl on session close.
Trading Strategy: Neutral
Buy above 97.05-96.05, targeting 97.60-98.50 and 99.20-100.20; stop loss below 95.40. Breakage below 95.40 will call for 94.50-93.05. Sell below 98.60 with risk above 99.20; targeting 95.40-94.05 and 93.20-92.50; upside breakage of 99.20 will lead to 100.20.


EUR/USD on Friday made an intra-day low of US$1.3527/EUR and made an intraday high of US$1.3604/EUR and settled the day down by 0.022% at US$1.3592/EUR on session close.
Trading Strategy: Neutral
Based on today’s market, Sell on strength 1.3740 targeting 1.3660-1.3600 and 1.3550-1.3460 and stop-loss at 4-hour closing above 1.3740. Buy on dips in between 1.3660-1.3550 with risk below 1.3460, targeting 1.3740- 1.3830.


GBP/USD on Friday made an intra-day low of US$1.6290/GBP and made an intraday high of US$1.6391/GBP and settled the day up by 0.085% at US$1.6348/ GBP on session close.
Trading Strategy: Neutral
Based on today’s market, Buy above 1.6310-1.6260, targeting 1.6380-1.6470; breakage below 1.6260 may target 1.6200-1.6120.


USD/JPY on Friday an intra-day low of JPY101.62/USD and made an intraday high of JPY 102.95/UD and settled the day 1.14% up at JPY 102.89/USD on session close.
Trading Strategy: Neutral
Based on today’s market, buy on dips around 101.50- 102.30, using a stop loss of below 100.80; targeting 102.40-103.30. Selling can be done 103.20-103.80 with risk above 103.80; targeting 101.80-101.50 and 100.80.


http://www.ikonmarkets.com/daily-reports/2013/12/09/

Re: Ikon Markets Daily Forex Analysis (December)

December 10, 2013

Gold (spot) closed up on Monday and made its intraday high of US$1243.16/ounce a before setting intraday low of US$1225.20/ounce. Gold went up by 0.799% at US$1239.93/ounce.
Trading Strategy: Neutral
Sell on strength 1244-1255; targeting 1228-1211 and 1206-1190, upside breakage of 1258 will lead to 1265-1278. Buy on dips at 1211-1228 with strict stop loss below 1205 1-hourly closing; targeting 1244-1255 and 1265-1278 break below 1205 will call for 1190-1178.


Silver (spot) closed up on Monday made its intraday high of US$19.98/ounce after setting intraday low of US$19.43/ounce. Silver settled 1.535% up at US$19.84/ounce.
Trading Strategy: Neutral
Sell on Strength at 19.90-20.45 with stop above 20.60; targeting 19.35-19.10 and 18.70; upside breakout of 20.60 will open the way to 21.05-21.55 and 22.40-22.75. Buyers can buy above 18.90-19.35 targeting 19.85-20.05 and 20.60-20.95 with risk below 18.70 hourly closing.


Crude futures (Oct 2013) on Monday made an intra-day high of US$97.95/bbl and made an intraday low of US$97.08/bbl and settled down by 0.491% at US$97.18/bbl on session close.
Trading Strategy: Neutral
Buy above 97.05-96.05, targeting 97.60-98.50 and 99.20-100.20; stop loss below 95.40. Breakage below 95.40 will call for 94.50-93.05. Sell below 98.60 with risk above 99.20; targeting 95.40-94.05 and 93.20-92.50; upside breakage of 99.20 will lead to 100.20.


EUR/USD on Monday made an intra-day low of US$1.3693/EUR and made an intraday high of US$1.3744/EUR and settled the day up by 0.182% at US$1.3738/EUR on session close.
Trading Strategy: Neutral
Based on today’s market, buy on dips in between 1.3730- 1.3660 with risk below 1.3550, targeting 1.3790-1.3830. Sell below 1.3830 targeting 1.3730-1.3660 and 1.3600-1.3550 and stop-loss at 4-hour closing above 1.3830.


GBP/USD on Monday made an intra-day low of US$1.6322/GBP and made an intraday high of US$1.6431/GBP and settled the day up by 0.507% at US$1.6427/ GBP on session close.
Trading Strategy: Neutral
Based on today’s market, Buy above 1.6310-1.6260, targeting 1.6380-1.6470; breakage below 1.6260 may target 1.6200-1.6120.


USD/JPY on Monday an intra-day low of JPY102.88/USD and made an intraday high of JPY 103.32/UD and settled the day 0.232% up at JPY 103.25/USD on session close.
Trading Strategy: Neutral
Based on today’s market, buy on dips around 101.50- 102.30, using a stop loss of below 100.80; targeting 102.40-103.30. Selling can be done 103.20-103.80 with risk above 103.80; targeting 101.80-101.50 and 100.80.


http://www.ikonmarkets.com/daily-reports/2013/12/10/

Re: Ikon Markets Daily Forex Analysis (December)

December 11, 2013

Gold (spot) closed up on Tuesday and made its intraday high of US$1267.64/ounce a before setting intraday low of US$1237.64/ounce. Gold went up by 1.851% at US$1262.20/ounce.
Trading Strategy: Neutral
Sell below 1278; targeting 1255-1244 and 1232-1218, upside breakage of 1278 will lead to 1286-1294. Buy on dips at 1244-1254 with strict stop loss below 1230 1- hourly closing; targeting 1265-1278. Breakage below 1230 will call for 1218-1211 and 1204-1190.


Silver (spot) closed up on Monday made its intraday high of US$19.98/ounce after setting intraday low of US$19.43/ounce. Silver settled 1.535% up at US$19.84/ounce.
Trading Strategy: Neutral
Sell on Strength at 20.40-20.90 with stop above 21.40; targeting 20.05-19.90 and 19.35-19.10; upside breakout of 21.40 will open the way to 21.55-22.40. Buyers can buy above 19.90-19.35 targeting 20.40-20.60 and 20.95-21.45 with risk below 18.90 hourly closing.


Crude futures (Oct 2013) on Tuesday made an intra-day high of US$98.72/bbl and made an intraday low of US$97.23/bbl and settled down by 1.429% at US$98.63/bbl on session close.
Trading Strategy: Neutral
Buy above 97.05-96.05, targeting 97.60-98.50 and 99.20-100.20; stop loss below 95.40. Breakage below 95.40 will call for 94.50-93.05. Sell below 98.60-99.20 with risk above 99.20; targeting 95.40-94.05 and 93.20-92.50; upside breakage of 99.20 will lead to 100.20.

EUR/USD on Tuesday made an intra-day low of US$1.3733/EUR and made an intraday high of US$1.3794/EUR and settled the day up by 0.167% at US$1.3760/EUR on session close.
Trading Strategy: Neutral
Based on the charts and explanations above, buy on dips in between 1.3730- 1.3660 with risk below 1.3550, targeting 1.3790-1.3830. Sell below 1.3830 targeting 1.3730-1.3660 and 1.3600-1.3550 and stop-loss at 4-hour closing above 1.3830.


GBP/USD on Tuesday made an intra-day low of US$1.6417/GBP and made an intraday high of US$1.6464/GBP and settled the day up by 0.103% at US$1.6447/ GBP on session close.
Trading Strategy: Neutral
Based on the charts and explanations above; Buy above 1.6310-1.6260, targeting 1.6380-1.6470; breakage below 1.6260 may target 1.6200-1.6120.


USD/JPY on Monday an intra-day low of JPY102.88/USD and made an intraday high of JPY 103.32/UD and settled the day 0.232% up at JPY 103.25/USD on session close.
Trading Strategy: Neutral
Based on the charts and explanations above, buy on dips around 101.50- 102.30, using a stop loss of below 100.80; targeting 102.40-103.30. Selling can be done 103.20-103.80 with risk above 103.80; targeting 101.80-101.50 and 100.80.


http://www.ikonmarkets.com/daily-reports/2013/12/11/

Re: Ikon Markets Daily Forex Analysis (December)

December 12, 2013

Gold (spot) closed down on Wednesday and made its intraday high of US$1263.31/ ounce a before setting intraday low of US$1250.80/ounce. Gold went down by 0.724% at US$1251.80/ounce.
Trading Strategy: Neutral
Sell below 1268-1278; targeting 1255-1244 and 1232-1218, upside breakage of 1278 will lead to 1286-1294. Buy on dips at 1244-1254 with strict stop loss below 1230 1-hourly closing; targeting 1265-1278. Breakage below 1230 will call for 1218- 1211 and 1204-1190.


Silver (spot) closed down on Wednesday made its intraday high of US$20.48/ounce after setting intraday low of US$20.20/ounce. Silver settled 0.441% down at US$20.28/ounce.
Trading Strategy: Neutral
Sell on Strength at 20.40-20.90 with stop above 21.40; targeting 20.05-19.90 and 19.35-19.10; upside breakout of 21.40 will open the way to 21.55-22.40. Buyers can buy above 19.90-19.35 targeting 20.40-20.60 and 20.95-21.45 with risk below 18.90 hourly closing.


Crude futures (Oct 2013) on Wednesday made an intra-day high of US$98.73/bbl and made an intraday low of US$97.18/bbl and settled down by 1.226% at US$97.43/bbl on session close.
Trading Strategy: Neutral
Buy above 97.05-96.05, targeting 97.60-98.50 and 99.20-100.20; stop loss below 95.40. Breakage below 95.40 will call for 94.50-93.05. Sell below 98.60-99.20 with risk above 99.20; targeting 95.40-94.05 and 93.20-92.50; upside breakage of 99.20 will lead to 100.20.


EUR/USD on Wednesday made an intra-day low of US$1.3739/EUR and made an intraday high of US$1.3809/EUR and settled the day up by 0.181% at US$1.3785/EUR on session close.
Trading Strategy: Neutral
Based on today’s market, buy on dips in between 1.3730- 1.3660 with risk below 1.3550, targeting 1.3790-1.3830. Sell below 1.3830 targeting 1.3730-1.3660 and 1.3600-1.3550 and stop-loss at 4-hour closing above 1.3830.


GBP/USD on Wednesday made an intra-day low of US$1.6338/GBP and made an intraday high of US$1.6456/GBP and settled the day down by 0.403% at US$1.6375/GBP on session close.
Trading Strategy: Neutral
Based on today’s market, Buy above 1.6310-1.6260, targeting 1.6380-1.6470; breakage below 1.6260 may target 1.6200-1.6120.


USD/JPY on Wednesday an intra-day low of JPY102.14/USD and made an intraday high of JPY 102.94/UD and settled the day 0.398% down at JPY 102.42/USD on session close.
Trading Strategy: Neutral
Based on today’s market, buy on dips around 101.50- 102.30, using a stop loss of below 100.80; targeting 102.40-103.30. Selling can be done 103.20-103.80 with risk above 103.80; targeting 101.80-101.50 and 100.80.


http://www.ikonmarkets.com/daily-reports/2013/12/12/

Re: Ikon Markets Daily Forex Analysis (December)

December 13, 2013

Gold (spot) closed down on Thursday and made its intraday high of US$1257.01/ounce a before setting intraday low of US$1223.76/ounce. Gold went down by 2.150% at US$1225.26/ounce.
Trading Strategy: Neutral
Sell below 1232-1250; targeting 1224-1218 and 1211-1198, upside breakage of 1269 will lead to 1286-1294. Buy on dips at 1218-1204 with strict stop loss below 1198 1-hourly closing; targeting 1232-1244 and 1251-1265. Breakage below 1198 will call for 1190-1178.


Silver (spot) closed down on Thursday made its intraday high of US$20.35/ounce after setting intraday low of US$19.42/ounce. Silver settled 3.89% down at US$19.48/ounce.
Trading Strategy: Neutral
Sell on Strength at 19.75-20.40 with stop above 20.60; targeting 19.35-19.10 and 18.90-18.70; upside breakout of 20.60 will open the way to 21.05 and 21.55-22.40. Buyers can buy above 19.10-18.90 targeting 19.40-20.40 and 20.60-20.95 with risk below 18.70 hourly closing.


Crude futures (Oct 2013) on Thursday made an intra-day high of US$98.16/bbl and made an intraday low of US$97.30/bbl and settled down by 0.010% at US$97.52/bbl on session close.
Trading Strategy: Neutral
Buy above 97.05-96.05, targeting 97.60-98.50 and 99.20-100.20; stop loss below 95.40. Breakage below 95.40 will call for 94.50-93.05. Sell below 98.60-99.20 with risk above 99.20; targeting 95.40-94.05 and 93.20-92.50; upside breakage of 99.20 will lead to 100.20.


EUR/USD on Thursday made an intra-day low of US$1.3736/EUR and made an intraday high of US$1.3802/EUR and settled the day down by 0.239% at US$1.3752/ EUR on session close.
Trading Strategy: Neutral
Based on today’s market, buy on dips in between 1.3730- 1.3660 with risk below 1.3550, targeting 1.3790-1.3830. Sell below 1.3830 targeting 1.3730-1.3660 and 1.3600-1.3550 and stop-loss at 4-hour closing above 1.3830.


GBP/USD on Thursday made an intra-day low of US$1.6319/GBP and made an intraday high of US$1.6417/GBP and settled the day down by 0.152% at US$1.6348/GBP on session close.
Trading Strategy: Neutral
Based on today’s market, Buy above 1.6310-1.6260, targeting 1.6380-1.6470; breakage below 1.6260 may target 1.6200-1.6120.


USD/JPY on Thursday an intra-day low of JPY102.37/USD and made an intraday high of JPY 103.42/UD and settled the day 0.927% up at JPY 103.36/USD on session close.
Trading Strategy: Neutral
Based on today’s market, buy on dips around 102.50- 103.20, using a stop loss of below 101.50; targeting 103.90-104.90.


http://www.ikonmarkets.com/daily-reports/2013/12/13/

Re: Ikon Markets Daily Forex Analysis (December)

December 16, 2013

Gold (spot) closed up on Friday and made its intraday high of US$1238.45/ounce a before setting intraday low of US$1220.10/ounce. Gold went up by 1.06% at US$1238.43/ounce.
Trading Strategy: Neutral
Sell below 1238-1254; targeting 1224-1218 and 1211-1198, upside breakage of 1269 will lead to 1286-1294. Buy on dips at 1220-1204 with strict stop loss below 1198 1-hourly closing; targeting 1232-1244 and 1251-1265. Breakage below 1198 will call for 1190-1178.


Silver (spot) closed up on Friday made its intraday high of US$19.75/ounce after setting intraday low of US$19.28/ounce. Silver settled 1.026% up at US$19.68/ounce.
Trading Strategy: Neutral
Sell on Strength at 19.75-20.40 with stop above 20.60; targeting 19.35-19.10 and 18.90-18.70; upside breakout of 20.60 will open the way to 21.05 and 21.55-22.40. Buyers can buy above 19.10-18.90 targeting 19.40-20.40 and 20.60-20.95 with risk below 18.70 hourly closing.


Crude futures (Oct 2013) on Friday made an intra-day high of US$97.59/bbl and made an intraday low of US$96.25/bbl and settled down by 1.13% at US$96.46/bbl on session close.
Trading Strategy: Neutral
Buy above 96.05-95.05, targeting 97.50-98.70 and 99.20-100.20; stop loss below 94.40. Breakage below 95.40 will call for 93.90-93.05. Sell below 97.50-98.60 with risk above 99.20; targeting 95.40-94.05 and 93.20-92.50; upside breakage of 99.20 will lead to 100.20.


EUR/USD on Friday made an intra-day low of US$1.3708/EUR and made an intraday high of US$1.3768/EUR and settled the day down by 0.0872% at US$1.3740/EUR on session close.
Trading Strategy: Neutral
Based on today’s market, buy on dips in between 1.3705- 1.3660 with risk below 1.3620, targeting 1.3790-1.3830. Sell below 1.3830 targeting 1.3730-1.3660 and 1.3600-1.3550 and stop-loss at 4-hour closing above 1.3830.


GBP/USD on Friday made an intra-day low of US$1.6261/GBP and made an intraday high of US$1.6359/GBP and settled the day down by 0.318% at US$1.6296/GBP on session close.
Trading Strategy: Neutral
Based on today’s market, Buy above 1.6290-1.6260, targeting 1.6380-1.6470; breakage below 1.6260 may target 1.6200-1.6120.


USD/JPY on Friday an intra-day low of JPY102.98/USD and made an intraday high of JPY 103.91/UD and settled the day 0.141% down at JPY 103.21/USD on session close.
Trading Strategy: Neutral
Based on today’s market, buy on dips around 102.50- 101.50, using a stop loss of below 101.50; targeting 103.90-104.90.


http://www.ikonmarkets.com/daily-reports/2013/12/16/

Re: Ikon Markets Daily Forex Analysis (December)

December 17, 2013

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


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


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


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


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


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


http://www.ikonmarkets.com/daily-reports/2013/12/17/

Re: Ikon Markets Daily Forex Analysis (December)

December 18, 2013

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


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


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


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


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


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


http://www.ikonmarkets.com/daily-reports/2013/12/18/

Re: Ikon Markets Daily Forex Analysis (December)

December 19, 2013

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


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


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


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


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


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


http://www.ikonmarkets.com/daily-reports/2013/12/19/

Re: Ikon Markets Daily Forex Analysis (December)

December 20, 2013

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


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


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


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


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


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


http://www.ikonmarkets.com/daily-reports/2013/12/20/

Re: Ikon Markets Daily Forex Analysis (December)

December 23, 2013

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


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


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


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


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


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


http://www.ikonmarkets.com/daily-reports/2013/12/23/

Re: Ikon Markets Daily Forex Analysis (December)

December 26, 2013

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


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


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


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


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


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


http://www.ikonmarkets.com/daily-reports/2013/12/26/

Re: Ikon Markets Daily Forex Analysis (December)

December 27, 2013

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


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


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


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


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


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


http://www.ikonmarkets.com/daily-reports/2013/12/27/

Re: Ikon Markets Daily Forex Analysis (December)

December 30, 2013

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


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


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


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


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


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


http://www.ikonmarkets.com/daily-reports/2013/12/30/

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