The plan for Existing Home Sales release from U.S. will be the typical retracement trading method, where we’ll wait for the release and then wait for a decent retracement before getting into a trade. Here is the forecast for this release:
10:00am NY Time US Existing Home Sales Forecast 6.17M Previous 5.77M
ACTION: USD/JPY BUY 6.60M SELL 5.80M
The plan for Existing Home Sales release from U.S. will be the typical retracement trading method, where we’ll wait for the release and then wait for a decent retracement before getting into a trade. Here is the forecast for this release:
10:00am NY Time US Existing Home Sales Forecast 5.62M Previous 5.35M
ACTION: USD/JPY BUY 6.00M SELL 5.20M
Our strategy to trade this Existing Home Sales release from U.S. will be the typical retracement trading method, where we’ll wait for the release, wait for market to spike, and then wait for a decent retracement before getting into a trade. Here is the forecast for this release:
10:00am NY Time US Existing Home Sales Forecast 5.28M Previous 5.02M
ACTION: USD/JPY BUY 5.68M SELL 4.88M
10:00am NY Time US Existing Home Sales Forecast 5.01M Previous 5.05M
ACTION: USD/JPY BUY 5.40M SELL 4.60M
We’ll be looking forward to trade the U.S. Existing Home Sales today, and since Housing news is one of the more important news event out of the US, this news release will certainly cause some volatility in the market, especially if our tradable figures were hit.
10:00am NY Time US Existing Home Sales Forecast 5.51M Previous 5.45M
ACTION: USD/JPY BUY 5.90M SELL 5.10M
We’ll be focusing on trading the Existing Home Sales today, and since Housing news is one of the more important news event out of the US, this news release will certainly cause some volatilit,y especially if our tradable figures were hit. Given the fact that this is the last high impact news release of the week, we could expect to see some traders waiting for this release before committing to a trade…
10:00am NY Time US Existing Home Sales Forecast 5.95M Previous 6.54M
ACTION: USD/JPY BUY 6.35M SELL 5.55M
We’ll be trading the Existing Home Sales, and since Housing news is one of the more important news event out of the US, this news release will certainly cause some volatility especially if our tradable figures were hit. It is important to consider that if we get a better than expected release, USD could suffer somewhat from risk appetite sentiment as signs of housing recovery translate into equity gains; however, a worse release may boost USD demand as investors seek safe-haven shelter in U.S. Treasury. But the reaction of USD may be different against other pairs… for instance, a better release should be bearish for EUR/USD; a worse than expected release will be bad for USD/JPY…
10:00am NY Time US Existing Home Sales Forecast 5.71M Previous 5.57M
ACTION: USD/JPY BUY 6.11M SELL 5.37M
We’ll focus on the Existing Home Sales, and since Housing news is one of the more important news event out of the US, this news release will certainly cause some volatility especially if our tradable figures were hit. It is important to consider that if we get a better than expected release, USD could suffer from risk appetite sentiment as signs of housing recovery translate into equity gains; however, a worse release may boost USD demand as investors seek safe-haven shelter in U.S. Treasury. It will be a typical battle between fundamental outlook and risk sentiment… With USD just rallied last week against all other majors, a positive release could accelerate USD’s decline as demand for risk appetite may return to the market.
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Upcoming Forex News Calendar For January 16 ~ 20, 2012
The news on Friday was that S&P finally downgraded a number of euro zone member nations, including France's sovereign ratingby ... (2515)
Upcoming Forex News Calendar For January 9 ~ 13, 2012 The first real trading week for the new year in markets started with investors focused on Europe. US and European markets were ... (2270)
Forex News Trading US Advanced GDP 01/27/12 Here is the forecast for the US Advanced GDP q/q :
8:30am (NY Time) US Advance GDP q/q
Forecast 3.0% Previous 1.8%
ACTION: SELL ... (2158)
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