Based on the last 12 New Home Sales events in United States, we expect HG to trend downwards. Based on these past events there is a 66.67% chance of this. We expect HG to trend downwards for 12 hours because the released value is < 0.87M. A price movement of 4 pips is expected. Historical events that allowed us to draw this conclusion
23 Mar 14:00 |
28 Jan 15:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
