Based on past United States Housing Starts news events there is a 66.67% chance of NQ trending downwards. We expect this to happen because the released value is < 1.701M. A price movement of 36,550 pips may be on the cards. Historical events that allowed us to draw this conclusion
18 May 12:30 |
17 Feb 13:30 |
18 Aug 12:30 |
16 Jun 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
