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We expect CC to trend downwards today.

Based on the last 12 Existing Home Sales events in United States, we expect CC to trend downwards later today. Based on these past events there is a 80% chance of this. We expect CC to trend downwards 4 hours following the event release at 2022-11-18 15:00 if the released value is > 4.38M. A price movement of 3700 pips is expected.

Historical events that allowed us to draw this conclusion

20 Oct 14:00
21 Sep 14:00
21 Jun 14:00
18 Feb 15:00

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

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Esperamos que el PL adopte hoy una tendencia downwards con un 80% de probabilidad.

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We expect a $1450 movement on EURUSD within 48 hours following the event release at 2022-11-18 15:00.

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