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We expect FV to trend upwards today with a 80% chance.

Based on the last 12 Durable Goods Orders MoM events in United States, we expect FV to trend upwards later today. Based on these past events there is a 80% chance of this. This will happen if the released value is < -1% Historical events that allowed us to draw this conclusion

24 May 12:30
21 Feb 13:30
21 Dec 13:30
21 Nov 13:30

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

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We expect a 799 pip movement on PL within 4 hours following the event release.

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There is a 66.67% chance of NZDUSD trending upwards

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