US DATA: New Home Sales End 2025 Strong, But Early 2026 Momentum Doubtful

Feb-20 19:50

As with other housing market data, new home sales finished 2025 strong - but it's questionable wheth...

Historical bullets

US: Pres Trump on Greenland Framework

Jan-21 19:35
  • Bit of risk-on after Pres Trump posts on social media he has a "framework for future deal on Greenland with NATO" adding he "won't impose Greenland-linked tariffs on Feb 1".
  • TYH6 +7 at 111-20.5 vs. 111-21.5 high
  • Stocks at or just beyond earlier highs: 
    • DJIA up 590.08 points (1.22%) at 49039.18
    • S&P E-Mini Future up 74.25 points (1.09%) at 6899
    • Nasdaq up 238.2 points (1%) at 23165.55
  • Gold trims gains: to appr 4815.0 vs. 4888.42 record high earlier.

TARIFFS: Trump: Have Framework For Greenland Deal, Won't Impose Feb 1 Tariffs

Jan-21 19:30

From Truth Social: @realDonaldTrump "Based upon a very productive meeting that I have had with the Secretary General of NATO, Mark Rutte, we have formed the framework of a future deal with respect to Greenland and, in fact, the entire Arctic Region. This solution, if consummated, will be a great one for the United States of America, and all NATO Nations. Based upon this understanding, I will not be imposing the Tariffs that were scheduled to go into effect on February 1st. Additional discussions are being held concerning The Golden Dome as it pertains to Greenland. Further information will be made available as discussions progress. Vice President JD Vance, Secretary of State Marco Rubio, Special Envoy Steve Witkoff, and various others, as needed, will be responsible for the negotiations — They will report directly to me. Thank you for your attention to this matter!
DONALD J. TRUMP

PRESIDENT OF THE UNITED STATES OF AMERICA"

USDJPY TECHS: Trend Needle Points North

Jan-21 19:30
  • RES 4: 160.21 2.236 proj of the Dec 5 - 9 - 16 price swing
  • RES 3: 160.00 3.000 proj of the Sep 17 - 26 - Oct 1 price swing
  • RES 2: 159.60 2.000 proj of the Dec 5 - 9 - 16 price swing 
  • RES 1: 159.45 Jan 14 cycle high and the bull trigger 
  • PRICE: 158.13 @ 17:14 GMT Jan 21 
  • SUP 1: 157.44/156.09 20- and 50-day EMA values
  • SUP 2: 154.35 Low Dec 5 and a reversal trigger  
  • SUP 3: 153.62 Low Nov 14 
  • SUP 4: 152.82 Low Nov 7

The trend structure in USDJPY remains bullish and short-term weakness is considered corrective. Recent gains resulted in a breach of resistance at 157.89, the Nov 20 high. This maintains the price sequence of higher highs and higher lows. Note that MA studies are in a bull-mode position, highlighting a dominant uptrend. Sights are on the 160.00 handle next,  a Fibonacci projection. Key support to watch is 156.09, the 50-day EMA.