We expect a $0 movement on 6C within 12 hours following the release of New Home Sales at 24 Feb 15:00. We expect 6C to trend upwards 12 hours following the event release at 24 Feb 15:00 if the released value is < 0.806M. A price movement of 0 pips is expected. Historical events that allowed us to draw this conclusion
23 Dec 15:00 |
24 Nov 15:00 |
26 Jul 14:00 |
25 May 14:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).