Based on the last 12 New Home Sales events in United States, we expect C to trend downwards later today. Based on these past events there is a 80% chance of this. We expect C to trend downwards 4 hours following the event release at 2022-12-23 15:00 if the released value is > 0.6M. A price movement of 135750 pips is expected.
Historical events that allowed us to draw this conclusion
27 Sep 14:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).