Based on past United States New Home Sales news events there is a 71.43% chance of DC trending upwards. We expect this to happen if the released value is > 0.75M. A price movement of 84 pips is expected.
Historical events that allowed us to draw this conclusion
26 Feb 15:00 |
26 Nov 15:00 |
24 Oct 14:00 |
25 Sep 14:00 |
23 Aug 14:00 |
24 Jul 14:00 |
29 Mar 14:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
