We expect a $1060 movement on EURUSD within 12 hours following the release of Durable Goods Orders MoM.

Based on the last 12 Durable Goods Orders MoM events in United States, we expect a $1060 movement on EURUSD within 12 hours following the event release at 2023-10-26 12:30. We expect EURUSD to trend downwards 12 hours following the event release at 2023-10-26 12:30 if the released value is > 1.7%

Historical events that allowed us to draw this conclusion

27 Sep 12:30

27 Jul 12:30

27 Jun 12:30

26 May 12:30

26 Apr 12:30

26 Jan 13:30

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