Market Research

Forex analysis — the latest reviews of market instruments and news. All reviews are provided by analysts and shall not be considered as investment advice.

New Home Sales. USA, 16:00 (GMT+2)


New Home Sales measures the change in the annualized number of new residential buildings that were sold during the previous month. A higher than expected reading should be taken as positive/bullish for USD, while a lower than expected reading should be taken as negative/bearish for USD. The indicator is expected to decrease from 692K to 675K.

AUD/USD: general review


This week, the pair fell and is now trading at 0.6865 (Murrey [2/8] H4). AUD is under pressure due to the escalating of US-PRC conflict and the possibility of lowering of Australian interest rate in the near future.

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