Based on past United States Housing Starts news events there is a 85.71% chance of 6S trending downwards. We expect this to happen if the released value is > 0.927M. A price movement of 1 pips is expected.
Historical events that allowed us to draw this conclusion
18 Mar 12:30 |
19 Feb 13:30 |
17 Jan 13:30 |
17 Dec 13:30 |
18 Jun 12:30 |
16 May 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
