Based on the last 12 Housing Starts events in United States, we expect 6J to trend downwards later today. Based on these past events there is a 66.67% chance of this. We expect 6J to trend downwards 12 hours following the event release at 20 Oct 12:30 if the released value is > 1.457M. A price movement of 0 pips is expected.
Historical events that allowed us to draw this conclusion
17 Jul 12:30 |
18 Mar 12:30 |
19 Feb 13:30 |
17 Jan 13:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
