Based on past United States Durable Goods Orders MoM news events there is a 85.71% chance of AUDUSD trending upwards. We expect this to happen because the released value is > 0.6%. A price movement of 43 pips is expected.
Historical events that allowed us to draw this conclusion
27 Jul 12:30 |
27 Jun 12:30 |
23 Dec 13:30 |
27 Oct 12:30 |
27 Sep 12:30 |
25 Aug 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
