Based on the last 12 Durable Goods Orders MoM events in United States, we expect YM to trend upwards later today. Based on these past events there is a 85.71% chance of this. We expect YM to trend upwards 2 hours following the event release at 2023-03-24 12:30 if the released value is < 0.6%. A price movement of 27550 pips is expected. Historical events that allowed us to draw this conclusion
27 Feb 13:30 |
23 Dec 13:30 |
27 Oct 12:30 |
24 Aug 12:30 |
25 May 12:30 |
24 Mar 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
