Based on the last 12 New Home Sales events in United States, we expect ZR to trend upwards later today. Based on these past events there is a 75% chance of this. We expect ZR to trend upwards 2 hours following the event release at 26 May 14:00 if the released value is < 0.49M. A price movement of 7 pips is expected. Historical events that allowed us to draw this conclusion
27 Jan 15:00 |
23 Dec 15:00 |
23 May 14:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
