Based on the last 12 Durable Goods Orders MoM events in United States, we expect EURUSD to trend upwards later today. Based on these past events there is a 80% chance of this. We expect EURUSD to trend upwards 4 hours following the event release at 2025-02-27 13:30 if the released value is < 2%. A price movement of 40 pips is expected. Historical events that allowed us to draw this conclusion
23 Dec 14:30 |
27 Nov 13:30 |
25 Jul 12:30 |
27 Feb 13:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
