Be very careful of upcoming volatility because of United States New Home Sales news event later today. Based on the last 12 New Home Sales events in United States, we expect a $350.971 movement on HE within 12 hours following the event release at 25 Sep 14:00. We expect this to happen if the released value is > 0.66M. A price movement of 507 pips is expected.
Historical events that allowed us to draw this conclusion
23 Aug 14:00 |
29 Mar 14:00 |
14 Mar 14:00 |
05 Mar 15:00 |
31 Jan 15:00 |
28 Nov 15:00 |
26 Sep 14:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
