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The Dow Jones Industrial Average SPDR (ARCA:DIA) is also coming very close to testing its October high (which is a support level) at $122.58. While trendlines and minor support have been broken on the recent decline, this could still arguably … Continue reading →

MPC Meeting Minutes is scheduled to be released today and since it´s customary for BOE (Bank of England) not to release a statement along with its interest rate decision (2 weeks ago) if there were no changes to either rate … Continue reading →

Today´s Retail Sales number from UK will be widely watched as this is a high impact yet very tradable report. Here is the forecast for this release: 4:30am (NY Time) Forecast -0.7% Previous 1.8% DEVIATION: 0.5% (BUY GBP 0.0% /  … Continue reading →

Retail Sales is usually a very tradable release as traders draw direct correlation between retail activities with economic health. Here´s Forecast: 8:30am Core Retail Sales Forecast 0.6% Previous 0.5% DEVIATION: 0.5% (BUY CAD 1.0% / SELL CAD 0.0%) The Trade PlanI´m … Continue reading →

US New Home Sales usually follows the trend of Existing Home Sales, therefore we´re likely to see an inline release today. Here is the forecast:10:00am NY Time New Home Sales Forecast 335K Previous 328KDEVIATION: 70K (BUY USD 400K /  SELL USD 260K) … Continue reading →