We expect HO to trend downwards later today. Based on these past United States Existing Home Sales news events there is a 66.67% chance of this. We expect this to happen if the released value is > 4.3M. A price movement of 1 pips is expected.
Historical events that allowed us to draw this conclusion
20 Mar 14:00 |
19 Sep 14:00 |
21 Aug 14:00 |
21 Jun 14:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
