Based on the last 12 New Home Sales events in United States, we expect a 5 pip movement on HO for the next 4 hours. We expect HO to trend downwards for 4 hours because the released value is > 0.645M
Historical events that allowed us to draw this conclusion
24 Mar 14:00 |
26 Feb 15:00 |
26 Nov 15:00 |
23 Aug 14:00 |
24 Jul 14:00 |
23 Apr 14:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
