Based on the last 12 Housing Starts events in United States, we expect AUDUSD to trend upwards later today. Based on these past events there is a 83.33% chance of this. We expect AUDUSD to trend upwards 2 hours following the event release at 2023-01-19 13:30 if the released value is > 1.359M. A price movement of 31 pips is expected.
Historical events that allowed us to draw this conclusion
20 Dec 13:30 |
17 Nov 13:30 |
19 Apr 12:30 |
17 Mar 12:30 |
19 Jan 13:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
