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.
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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.
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by Henry Liu on May 23, 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 305K Previous 300K
ACTION: SELL 375K EURUSD BUY 235K 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 April 24, 2011
U.S. New Home Sales usually follows the trend of Existing Home Sales, therefore we are likely to see a slightly stronger release today. Here is the forecast:
10:00am NY Time New Home Sales Forecast 280K Previous 250K
ACTION: SELL 350K EURUSD BUY 210K EURUSD
The Trade Plan
We’ll trade this release using a deviation of 70K; if the release is lower, it would strengthened risk aversion sentiment and we should look to BUY EURUSD; if the number is higher, it could provide a temporary support for the pair and we may see a slight rally in USD/JPY and we could SELL EURUSD if the market is showing bias towards selling Euro.
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by Henry Liu on March 22, 2011
U.S. New Home Sales usually follows the trend of Existing Home Sales, therefore we are likely to see a slightly stronger release today. Here is the forecast:
10:00am NY Time New Home Sales Forecast 290K Previous 284K
ACTION: SELL 360K EURUSD BUY 220K EURUSD
The Trade Plan
We’ll trade this release using a deviation of 70K; if the release is lower, it would strengthened risk aversion sentiment and we should look to BUY EURUSD; if the number is higher, it could provide a temporary support for the pair and we may see a slight rally in USD/JPY and we could SELL EURUSD if the market is showing bias towards selling Euro.
Click on post title above to read the full article.
by Henry Liu on February 23, 2011
U.S. New Home Sales usually follows the trend of Existing Home Sales, therefore we are likely to see a slightly stronger release today. Here is the forecast:
10:00am NY Time New Home Sales Forecast 330K Previous 329K
ACTION: SELL 400K EURUSD BUY 260K EURUSD
The Trade Plan
We’ll trade this release using a deviation of 70K; if the release is lower, it would strengthened risk aversion sentiment and we should look to BUY EURUSD; if the number is higher, it could provide a temporary support for the pair and we may see a slight rally in USD/JPY and we could SELL EURUSD if the market is showing bias towards selling Euro.
Click on post title above to read the full article.
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