10:00am NY Time US ISM Non-Manufacturing PMI Forecast 51.0 Previous 50.5
ACTION: BUY 53.5 SELL 48.5 USD/JPY
We’ll focusing on the ISM Non-Manufacturing PMI today, or better known as the U.S. Services PMI, and as all Purchasing Manager’s Indexes, it is a leading indicator of the nation’s Services sector, as many investors look at this release for immediate directional preferences on the future of the economy. With the current analyst’s expectation above the 50 level at 51.0, in the event that 53.5 is reached, we could see some USD strength and JPY weakness; however, if the opposite is true, or 48.5 figure is released, expect to see stronger JPY and possibly risk aversion driven market.
This is a preview of US ISM Non-Manufacturing PMI 03/03/2010. Read More...
10:00am NY Time US ISM Manufacturing PMI Forecast 57.7 Previous 58.4
ACTION: BUY 60.0 SELL 55.0 USD/JPY
We’ll be looking for a possibility to trade the ISM Manufacturing PMI today during the New York Trading session, and our tradable deviation for a safe trade is 2.5 points either way. In the event we get a better than expected release, this could once again fuel the recent bullish rally of USD; however, if the release is negative, below or close to the medium 50 level, we could see some minor consolidation or even a very tightly traded market… Since this is a leading indicator, investors pay more attention to this release for signs of market direction this month and possibly trend changes… And with the NFP scheduled on Friday, this release might have more impact than usual should we get a huge surprise.
This is a preview of US ISM Manufacturing PMI 03/01/2010. Read More...
10:00am NY Time US ISM Non-Manufacturing PMI Forecast 51.1 Previous 49.8
ACTION: BUY 53.5 SELL 48.5 USD/JPY
We’ll be looking to trade the ISM Non-Manufacturing PMI, or better known as the Services PMI; it is a leading indicator of the nation’s Services sector, as many investors look at this release for immediate directional preferences on the future of the economy. With the current analyst’s expectation above the 50 level at 51.1, in the event that 53.5 is reached, we could see USD strength returning to the market as JPY weakens across the board; however, if the opposite is true, or 48.5 figure is released, expect to see stronger JPY and possibly risk aversion driven market.
This is a preview of US ISM Non-Manufacturing PMI 02/03/10. Read More...
10:00am NY Time US ISM Manufacturing PMI Forecast 55.5 Previous 54.9
ACTION: BUY 58.0 SELL 53.0 USD/JPY
Our focus today is to trade the ISM Manufacturing PMI during the New York Trading session, and our tradable deviation for a safe trade is 2.5 points either way. In the event we get a better than expected release, this could once again fuel the recent bullish rally of USD; however, if the release is negative, below or close to the medium 50 level, we could see some correction in the recent rally of the greenback… Since this is a leading indicator, investors pay more attention to this release for signs of market direction this month and possibly trend change.
This is a preview of US ISM Manufacturing PMI 02/01/10. Read More...
10:00am NY Time US ISM Non-Manufacturing PMI Forecast 50.5 Previous 48.7
ACTION: BUY 53.0 SELL 48.0 USD/JPY
Our focus will be on the ISM Non-Manufacturing PMI, or better known as the Services PMI, which is a leading indicator of the nation’s Services sector, as many investors look at this release for directional references on the near-term future of the economy. With the current analyst’s expectation above the 50 level at 50.5, in the event that 53.0 is reached, we could see USD strength returning to the market as JPY weakens across the board; however, if the opposite is true, or 48.0 figure is released, expect to see stronger JPY and stronger EUR as USD suffers on a disappointing outlook.
This is a preview of US ISM Non-Manufacturing PMI (Services) 01/06/10. Read More...
10:00am (NY Time) US ISM Manufacturing PMI Forecast 54.1 Previous 53.6
ACTION: USD/JPY BUY 56.5 SELL 51.0
We’ll be looking to trade the ISM Manufacturing PMI once again today and our tradable deviation for a safe trade is 2.5 points either way. In the event we get a better than expected release, this could once again fuel the recent bullish rally of USD; however, if the release is negative, below or close to the medium 50 level, we could see some relieve and consolidation of the greenback… Since this is a leading indicator, investors pay more attention to this release for signs of market direction this month.
This is a preview of US ISM Manufacturing PMI 01/04/10. Read More...
10:00am NY Time US ISM Non-Manufacturing PMI Forecast 51.6 Previous 50.6
ACTION: BUY 54.0 SELL 49.0 USD/JPY
Today we’ll tradethe ISM Non-Manufacturing PMI, or better known as the Services PMI, which is a leading indicator of the nation’s Services sector, as many investors look at this release for directional references on the near-term future of the economy. With the current analyst’s expectation at above the 50 level or 51.6, in the event that 54.0 is reached, we could see risk appetite returning to the market as JPY weakens across the board; however, if the opposite is true, or 49.0 figure is released, expect to see stronger JPY and possible stronger USD from risk aversion flows.
This is a preview of US ISM Non-Manufacturing PMI 12/03/09. Read More...
10:00am (NY Time) US ISM Manufacturing PMI Forecast 54.8 Previous 55.7
ACTION: USD/JPY BUY 57.0 SELL 52.0
We’ll be looking to trade the ISM Manufacturing PMI today and we’ll be looking for a minimum of 2.5 of deviation either way. In the event we get a better than expected release, this could once again fuel the sentiment of risk appetite, thus USD could remain under pressure; however, if the release is negative, below the medium 50 level, we could see stronger USD and stronger JPY throughout the rest of the US session. Since this is a leading indicator, investors pay more attention to this release for signs of market direction of December.
This is a preview of US ISM Manufacturing PMI m/m 12/01/09. Read More...
10:00am (NY Time) US ISM Non-Manufacturing PMI Forecast 51.6 Previous 50.9
ACTION: USD/JPY BUY 54.0 SELL 49.0
Today we’ll focus once again on the ISM Non-Manufacturing PMI, or better known as the Services PMI, which is a leading indicator of the nation’s Services sector, as many investors look at this release for directional bias on the near-term future of the economy. With the current expectation just above the 50 level at 51.6, in the event that 54.0 is reached, we could see risk appetite returning to the market as JPY weakens across the board; however, if the opposite is true, or 49.0 figure is released, expect to see stronger JPY and possible stronger USD from risk aversion flows.
This is a preview of US ISM Non-Manufacturing PMI 11/04/09. Read More...
10:00am (NY Time) US ISM Manufacturing PMI Forecast 53.1 Previous 52.6
ACTION: USD/JPY BUY 55.5 SELL 50.0
With US ISM Manufacturing release today, we’ll be looking for a minimum of 2.5 of deviation either way. In the event we get a better than expected release, this could once again fuel the sentiment of risk appetite, thus USD could remain under pressure; however, if the release is negative, below the medium 50 level, we could see stronger USD and stronger JPY throughout the rest of the US session. Since this is a leading indicator, investors pay more attention to this release for signs of the direction of November.
This is a preview of US ISM Manufacturing PMI 11/02/09. Read More...
10:00am (NY Time) US ISM Manufacturing PMI Forecast 53.9 Previous 52.9
ACTION: USD/JPY BUY 56.0 SELL 51.0
The Institute of Supply Management Manufacturing PMI releases are highly regarded by traders since their inception, and throughout the years they have been proven to be extremely accurate in predicting the long-term trend as well as a leading indicator over the Manufacturing sector in the economy; this will be the first look of the new quarter as these purchasing managers express their opinion over the economy.
This is a preview of US ISM Manufacturing PMI 10/01/09. Read More...
10:00am (NY Time) US ISM Non-Manufacturing PMI Forecast 48.3 Previous 46.4
ACTION: USD/JPY BUY 50.8 SELL 46.0
We’ll trade today’s ISM Non-Manufacturing PMI as it is a leading indicator of the nation’s Services sector. Since this is a leading indicator, many investors look at this release as an indicator of this month’s economic trend. With the possibility of breaking above the medium 50 level to our tradable trigger of 50.8, market could react with risk appetite sentiment and push USD higher; if we get 46.0 or worse, market could turn to risk aversion sentiment and JPY will probably gain across the board.
This is a preview of US ISM Non-Manufacturing PMI 09/03/09. Read More...
10:00am (NY Time) US ISM Manufacturing PMI Forecast 50.6 Previous 48.9
ACTION: USD/JPY BUY 53.0 SELL 48.0
The ISM PMI releases are highly regarded by traders and investors alike since they have been proven throughout the years to be extremely accurate and as a first look and leading indicator over the Manufacturing sector in the economy, this will be the first release in over a year to be over the medium 50 figure.
This is a preview of US ISM Manufacturing PMI 09/01/09. Read More...
10:00am (NY Time) US ISM Non-Manufacturing PMI Forecast 48.1 Previous 47.0
ACTION: USD/JPY BUY 50.5 SELL 45.5
We’ll trade today’s ISM Non-Manufacturing PMI as it is a leading indicator of the nation’s Services sector. This will also provide clues of possible change in the employment trend. We’ll be careful to interpret the reaction because of the wide impact it has as an US news event.
DEFINITION
This is a preview of US ISM Non-Manufacturing PMI 08/05/09. Read More...
10:00am (NY Time) US ISM Manufacturing PMI Forecast 46.4 Previous 44.8
ACTION: USD/JPY BUY 49.0 SELL 44.0
This is one of the first important indicator for this week and may have a longer effect for the rest of the month. If the number is lower, we’ll look to BUY GBP/USD, EUR/USD or SELL USD/JPY, USD/CHF, USD/CAD. If the number is significantly higher, we’ll look to SELL GBP/USD, EUR/USD or BUY USD/JPY, USD/CHF, USD/CAD. But remember, take a couple of seconds to see the market reaction if the number is lower. We could very well see broad bullish sentiment for the U.S. Dollar and ignore the worse number.
This is a preview of US ISM Manufacturing PMI 08/03/09. Read More...
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