Based on the last 12 Durable Goods Orders MoM events in United States, we expect AUDUSD to trend downwards later today. Based on these past events there is a 75% chance of this. We expect AUDUSD to trend downwards 2 hours following the event release at 2024-12-23 15:30 if the released value is < -0.4%. A price movement of 10 pips is expected. Historical events that allowed us to draw this conclusion
27 Nov 13:30 |
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”).
