We expect a $3.929 movement on ED within 12 hours following the release of Durable Goods Orders MoM at 23 Dec 13:30. We expect ED to trend downwards 12 hours following the event release at 23 Dec 13:30 if the released value is < 1.5%. A price movement of 4 pips is expected. Historical events that allowed us to draw this conclusion
24 Oct 12:30 |
26 Jun 12:30 |
24 May 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
