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USD/JPY: Trading the US New Home Sales

USD/JPY: Trading the US New Home Sales

Nov 26, 2014 09:00
US New Home Sales indicator is released monthly, and provides analysts with important data on the health of the housing sector. A higher reading than the market prediction...

Majors»

GBP/USD Forecast Nov. 24-28

GBP/USD Forecast Nov. 24-28

Nov 23, 2014 18:38
The British pound managed to hold its own against the dollar last week, showing slight losses. The pair closed at 1.5627. This week’s key events are the Inflation Report...
  • USD/JPY Forecast Nov. 24-28
    USD/JPY Forecast Nov. 24-28
    The wobbly yen continues to lose ground, as USD/JPY climbed close to 100 points last week. The pair closed at...
    on Nov 23, 2014 17:25
  • EUR/USD Forecast Nov. 24-28
    EUR/USD Forecast Nov. 24-28
    EUR/USD traded in range for some time, but eventually lost ground and closed under 1.24. Can it extend its falls?The...
    on Nov 22, 2014 15:00
  • Forex Weekly Outlook November 24-28
    Forex Weekly Outlook November 24-28
    The dollar strengthened quite nicely, with the exception of the loonie, as the US economy and the Fed remain firmly...
    on Nov 21, 2014 16:20

Minors»

USD/CAD Forecast Nov. 24-28

USD/CAD Forecast Nov. 24-28

Nov 23, 2014 16:02
The Canadian dollar showed some movement in both directions but was little changed at week’s end. USD/CAD posted slight losses, closing the week at 1.1231. This week’s...
  • AUD/USD Forecast Nov. 24-28
    AUD/USD Forecast Nov. 24-28
    AUD/USD headed to lower ground last week, losing close to 100 points. The pair closed at 0.8659. This week’s...
    on Nov 23, 2014 14:12
  • NZD/USD Forecast Nov. 24-28
    NZD/USD Forecast Nov. 24-28
    The New Zealand dollar struggled to continue advancing, as contradicting data kept it abay. What’s the...
    on Nov 23, 2014 11:37
  • AUD/USD Forecast Nov. 17-21
    AUD/USD Forecast Nov. 17-21
    AUD/USD bounced back last week, gaining close to 100 points. The pair closed at 0.8736. This week has six events,...
    on Nov 16, 2014 18:27

Basics & Industry»

5 Commandments That Will Catapult You to Your Desired FX position

5 Commandments That Will Catapult You to Your Desired FX position

Nov 25, 2014 08:08
Do you know that a huge number of Forex traders are in trouble? Do you really know the cause of such a predicament? Many even regret knowing the existence of FX, do you know...

Recent Articles

AUD/USD loses 0.85 – extends slide to new 4 year low

AUD/USD loses 0.85 – extends slide to new 4 year low

The Australian dollar remains on the back foot, still suffering from Lowe’s negative comments and falling despite a lack of USD strength. Update: the US dollar is now strengthening, but it seems that the A$ is the weakest in the pack at this time, vulnerable more than others. The pair is at a fresh 4 year

UK Q3 GDP confirmed at +0.7%, investment falls – GBP/USD slides

UK Q3 GDP confirmed at +0.7%, investment falls – GBP/USD slides

No surprises in the second read of GDP growth for the third quarter of the year: the economy grew by 0.7%. There is still one more read due. Business investment disappoints with a slide of 0.7%, significantly worse than expected. GBP/USD is quite stable after the publication. Update: cable is now losing 1.57, but the move

USD/JPY: Trading the US New Home Sales

USD/JPY: Trading the US New Home Sales

US New Home Sales indicator is released monthly, and provides analysts with important data on the health of the housing sector. A higher reading than the market prediction is bullish for the dollar. Here are all the details, and 5 possible outcomes for USD/JPY. Published on Wednesday at 15:00 GMT. Indicator Background US New Home

EUR/USD: Sell At 21d MA; USD/JPY: Buy At Key Support – Credit Suisse

EUR/USD: Sell At 21d MA; USD/JPY: Buy At Key Support – Credit Suisse

Both euro/dollar and dollar/yen have gone against the favor of the US dollar in recent trade. The team at Credit Suisse sees here opportunities to take the other side, and provide clear entry points: Here is their view, courtesy of eFXnews: EUR/USD came within a whisker of the 1.2358 recent low on Monday, which attracted some

EUR/USD Nov. 26 – In high range on USD weakness ahead of very busy day

EUR/USD Nov. 26 – In high range on USD weakness ahead of very busy day

EUR/USD maintains its high range following the drop in US consumer confidence and the lack of persuasion following the US GDP upgrade. The market tilted against the dollar’s favor. And now, we have a very busy US release schedule, as some data is brought forward due to Thanksgiving tomorrow. Can the pair recapture 1.25 or is it set

GOLD Eying A Major Break

GOLD Eying A Major Break

The US dollar was recently seen struggling, and as a result prices of the precious metals managed to rise and recover ground. However, GOLD is currently trading in a range and it looks like it is setting up for more gains moving ahead. There were a couple of important releases lined up recently in the

GBP/USD: Stronger Recovery Looming: Levels & Targets – JP Morgan

GBP/USD: Stronger Recovery Looming: Levels & Targets – JP Morgan

Pound/dollar is looking for a direction. Some data are pointing to the upside but others to the downside. The team at JP Morgan organize the various technical levels and the prospects of recovery: Here is their view, courtesy of eFXnews: GBP/USD weekly Ichimoku-support for the lagging line at 1.5599 is still providing support so that there

CB Consumer Confidence disappoints – USD slides

CB Consumer Confidence disappoints – USD slides

The CB Consumer Confidence dropped from 94.5 to 88.7 points in November, much worse than 95.9 expected. Also the Richmond Manufacturing Index disappointed with 4 points instead of 17 expected. The US dollar is down. The Conference Board’s consumer confidence figure was expected to continue advancing on high ground, climbing up from 94.5 to 95.9 points in

US Decoupling from Developed World

US Decoupling from Developed World

As cities across the United States erupt in chaos after a grand jury’s decision not to indict the officer involved in the fatal shooting of Michael Brown this past August, financial markets have embraced a greater sense of calm, instead choosing to focus on monetary policy direction in developed nations. The greenback is outperforming early

US GDP revised up to 3.9% –  a beat – USD up

US GDP revised up to 3.9% – a beat – USD up

The US growth engine is at full speed: Q3 GDP growth was revised to the upside, to 3.9% annualized. Consumer spending was revised up to 2.2%. Core PCE os 1.4%. The PCE is up from 1.2% to 1.3%. This is a good figure. There is still one more revision awaiting us in a month or so. The USD