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We expect 6J to trend upwards today with a 77.78% chance.

Based on the last 12 Durable Goods Orders MoM events in United States, we expect 6J to trend upwards later today. Based on these past events there is a 77.78% chance of this. We expect 6J to trend upwards 12 hours following the event release at 25 Sep 12:30 if the released value is > 1.5%. A price movement of 0 pips is expected.

Historical events that allowed us to draw this conclusion

26 Aug 12:30
27 Jul 12:30
25 Jun 12:30
28 May 12:30
25 Mar 12:30
27 Feb 13:30
27 Sep 12:30

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).

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US30 is approaching the support line of a Support. It has touched this line numerous times in the last 4 days.

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