by Henry Liu on January 25, 2012
US New Home Sales usually follows the trend of Existing Home Sales, therefore we´re likely to see an inline release today.
Here is the forecast:
10:00am NY Time New Home Sales Forecast 320 Previous 315K
ACTION: 390K SELL EURUSD / 250 SELL USDJPY
The Trade Plan
We´ll trade this release using a deviation of 70K; if the release is lower, it would strengthen USD aversion sentiment and we should look to SELL USDJPY. A stronger number could provide temporary support for the pair and we may see a slight rally in USD therefore we should look to SELL EURUSD.
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by Henry Liu on November 27, 2011
US New Home Sales usually follows the trend of Existing Home Sales, therefore we´re likely to see a slightly weaker release today.
Here is the forecast:
10:00am NY Time New Home Sales Forecast 310 Previous 313K
ACTION: 380K BUY USDJPY / 240 SELL USDJPY
The Trade Plan
We´ll trade this release using a deviation of 70K; if the release is lower, it would strengthen USD aversion sentiment and we should look to SELL USDJPY. A stronger number could provide temporary support for the pair and we may see a slight rally in USD/JPY or even BUY AUDUSD as an alternative due to AUD’s status as risk currency.
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by Henry Liu on October 25, 2011
US New Home Sales usually follows the trend of Existing Home Sales, therefore we´re likely to see a slightly weaker release today.
Here is the forecast:
10:00am NY Time New Home Sales Forecast 300 Previous 295K
ACTION: 370K BUY USDJPY / 230 BUY EURUSD
The Trade Plan
We´ll trade this release using a deviation of 70K; if the release is lower, it would strengthen USD aversion sentiment and we should look to BUY EURUSD. A stronger number could provide temporary support for the pair and we may see a slight rally in USD/JPY or even SELL EURUSD as an alternative.
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by Henry Liu on September 25, 2011
US New Home Sales usually follows the trend of Existing Home Sales, therefore we´re likely to see a slightly stronger release today.
Here is the forecast:
10:00am NY Time New Home Sales Forecast 295K Previous 298K
ACTION: 350K BUY USDJPY / 225 BUY EURUSD
The Trade Plan
We´ll trade this release using a deviation of 70K; if the release is lower, it would strengthen USD aversion sentiment and we should look to BUY EURUSD. A stronger number could provide temporary support for the pair and we may see a slight rally in USD/JPY or even SELL EURUSD as an alternative.
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by Henry Liu on August 22, 2011
US New Home Sales usually follows the trend of Existing Home Sales, therefore we´re likely to see a slightly weaker release today.
Here is the forecast:
10:00am NY Time New Home Sales Forecast 310K Previous 312K
ACTION: 380K BUY USDJPY / 240K BUY EURUSD
The Trade Plan
We´ll trade this release using a deviation of 70K; if the release is lower, it would strengthen USD aversion sentiment and we should look to BUY EURUSD. A stronger number could provide temporary support for the pair and we may see a slight rally in USD/JPY or even SELL EURUSD as an alternative.
Click on post title above to read the full article.
by Henry Liu on July 25, 2011
US New Home Sales usually follows the trend of Existing Home Sales, therefore we’re likely to see a slightly stronger release today.
Here is the forecast:
10:00am NY Time New Home Sales Forecast 320K Previous 319K
ACTION: 390K SELL EURUSD / 250K BUY EURUSD
The Trade Plan
We’ll trade this release using a deviation of 70K; if the release is lower, it would strengthen risk aversion sentiment and we should look to BUY EURUSD. A stronger number could provide temporary support for the pair and we may see a slight rally in USD/JPY enabling us to SELL EURUSD.
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by Henry Liu on June 22, 2011
US New Home Sales usually follows the trend of Existing Home Sales, therefore we’re likely to see a slightly stronger release today.
Here is the forecast:
10:00am NY Time New Home Sales Forecast 310K Previous 323K
ACTION: 380K SELL EURUSD / 240K BUY EURUSD
The Trade Plan
We’ll trade this release using a deviation of 70K; if the release is lower, it would strengthen risk aversion sentiment and we should look to BUY EURUSD. A stronger number could provide temporary support for the pair and we may see a slight rally in USD/JPY enabling us to SELL EURUSD.
Click on post title above to read the full article.
