Based on the last 12 Retail Sales MoM events in United States, we expect S to trend downwards later today. Based on these past events there is a 85.71% chance of this. We expect S to trend downwards 2 hours following the event release at 2022-12-15 13:30 if the released value is < -0.1%. A price movement of 2437 pips is expected. Historical events that allowed us to draw this conclusion
14 Oct 12:30 |
17 Aug 12:30 |
14 Apr 12:30 |
16 Mar 12:30 |
14 Jan 13:30 |
15 Dec 13:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
