We expect a $302588 movement on CC within the next 48 hours. We expect CC to trend downwards 48 hours following the Housing Starts events in United States release because the released value is > 1.445M. A price movement of 12650 pips is expected.
Historical events that allowed us to draw this conclusion
19 Apr 12:30 |
19 Jan 13:30 |
16 Dec 13:30 |
21 Sep 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
