Based on the last 12 Durable Goods Orders MoM events in United States, we expect SI to trend upwards later today. Based on these past events there is a 71.43% chance of this. We expect SI to trend upwards 4 hours following the event release at 25 Aug 12:30 if the released value is < -0.3%. A price movement of 21 pips is expected. Historical events that allowed us to draw this conclusion
27 May 12:30 |
26 Apr 12:30 |
24 Mar 12:30 |
27 Jan 13:30 |
25 Sep 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
