Based on the last 12 Housing Starts events in United States, we expect S to trend upwards later today. Based on these past events there is a 66.67% chance of this. We expect S to trend upwards 12 hours following the event release at 2023-03-16 12:30 if the released value is > 1.31M. A price movement of 3287 pips is expected.
Historical events that allowed us to draw this conclusion
|20 Dec 13:30
|17 Nov 13:30
|20 Sep 12:30
|17 Mar 12:30
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).