Preview – USD New Home Sales


Tomorrow, Friday, 04-23-10 at 10:00 AM ET, the USD New Home Sales monthly report will be released by the Census Bureau

I did a “follow up” of the last “preview” post of these reports on Saturday, 02-27-10, click here for a review.

Here is what is coming up tomorrow:

USD – New Home Sales – Stats

Previous = 308K

Forecast = 326K

Here is how I am set up for tomorrow:

USD-10-00AM-ET-04-23-10
Looking for a 30K difference
Actual > Forecast = Good for USD
USD New Home Sales
——actual———-forecast———-previous
________________326K________308K
Out at 296K or lower – BUY GBP/USD
Out at 356K  or higher- SELL GBP/USD

Remember, what has happened in the past may not repeat itself under similar circumstances.

I did write a “follow up” post of these reports, click here to see what happened.

The next scheduled report is on Friday, 05-26-10 at 10:00 AM ET.

I will probably post a “preview” a day or two prior.

Stay tuned!

This entry was written by shark, posted on April 22, 2010 at 12:21 pm, filed under Housing Reports and tagged , . Bookmark the permalink. Follow any comments here with the RSS feed for this post. Post a comment or leave a trackback: Trackback URL.

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  1. By Follow up – USD New Home Sales report - The Fundamental FOREX Blog on May 1, 2010 at 9:41 am

    [...] did a “preview” of these reports on Thursday, 04-22-10 at 10:00 AM ET, click here for a [...]

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