Forex Trading Signal 06/23/09

1000 US Existing Home Sales m/m (4.82M expected) – Exisiting home sales has been the most active and best trading housing report in recent months. I expect it to pull both stocks and currencies, but be careful at watch related headlines in case some other details of the report (like median sale price and % from foreclosures) cause a bit of second guessing. If it comes out at 5.00M or higher, EUR/USD should rally 40-50 pips in the first 20 minutes. If it comes out at 4.62M or lower, EUR/USD should sell off 40-50 pips in the first 20 minutes.

Trackbacks

  1. JOSEPH says:

    MedicamentSpot.com. Canadian Health&Care.Best quality drugs.No prescription online pharmacy.Special Internet Prices. No prescription pills. Order pills online

    Buy:Petcam (Metacam) Oral Suspension.Human Growth Hormone.Prednisolone.Zyban.Actos.100% Pure Okinawan Coral Calcium.Retin-A.Zovirax.Prevacid.Mega Hoodia.Lumigan.Accutane.Arimidex.Nexium.Synthroid.Valtrex….

Speak Your Mind

*