We expect EURUSD to trend downwards right now.

Based on the last 12 New Home Sales events in United States, we expect EURUSD to trend downwards right now. Based on these past events there is a 66.67% chance of this. This will happen because the released value is > 0.66M

Historical events that allowed us to draw this conclusion

24 Jul 14:00

23 Apr 14:00

29 Mar 14:00

05 Mar 15:00

31 Jan 15:00

26 Sep 14:00

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