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We expect a $49,072,672 movement on YM within 12 hours following the release of Existing Home Sales.

We expect a $49,072,672 movement on YM within 12 hours following the release of Existing Home Sales at 22 Oct 14:00. We expect YM to trend downwards 12 hours following the event release at 22 Oct 14:00 if the released value is > 6.3M. A price movement of 174,400 pips is expected.

Historical events that allowed us to draw this conclusion

21 May 14:00
20 Mar 14:00
21 Feb 15:00
22 Jan 15:00

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).

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