We expect a $1,260.308 movement on HE within 48 hours following the release of Existing Home Sales at 22 Jul 14:00. We expect HE to trend upwards 48 hours following the event release at 22 Jul 14:00 if the released value is < 5.9M. A price movement of 1,182 pips is expected. Historical events that allowed us to draw this conclusion
21 May 14:00 |
22 Apr 14:00 |
22 Mar 14:00 |
22 Dec 15:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
