We expect KC to trend upwards for the next 12 hours. Based on these past United States New Home Sales news events there is a 70% chance of this. We expect this to happen because the released value is > 0.886M. A price movement of 637 pips is expected.
Historical events that allowed us to draw this conclusion
24 Feb 15:00 |
23 Dec 15:00 |
25 Nov 15:00 |
26 Oct 14:00 |
24 Sep 14:00 |
25 Aug 14:00 |
24 Jul 14:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
