Based on the last 12 Durable Goods Orders MoM events in United States, we expect a 284 pip movement on EMD within 2 hours following the event release at 2024-12-23 15:30. We expect EMD to trend upwards 2 hours following the event release at 2024-12-23 15:30 if the released value is < -0.4% Historical events that allowed us to draw this conclusion
25 Jul 12:30 |
27 Feb 13:30 |
25 Jan 13:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
