We expect a $232,271.34 movement on SP within 12 hours following the release of Durable Goods Orders MoM at 28 Jan 13:30. We expect SP to trend upwards 12 hours following the event release at 28 Jan 13:30 if the released value is < 0.3%. A price movement of 7,140 pips is expected. Historical events that allowed us to draw this conclusion
23 Dec 13:30 |
24 Oct 12:30 |
26 Jun 12:30 |
21 Feb 13:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
