Based on the last 12 New Home Sales events in United States, we expect S to trend upwards later today. Based on these past events there is a 75% chance of this. We expect S to trend upwards 12 hours following the event release at 2022-09-27 14:00 if the released value is > 0.5M. A price movement of 1737 pips is expected.
Historical events that allowed us to draw this conclusion
24 Jun 14:00 |
26 Jan 15:00 |
24 Sep 14:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
