Based on the last 12 Durable Goods Orders MoM events in United States, we expect NQ to trend upwards later today. Based on these past events there is a 71.43% chance of this. We expect NQ to trend upwards 12 hours following the event release at 2023-07-27 12:30 if the released value is > 1%. A price movement of 39575 pips is expected.
Historical events that allowed us to draw this conclusion
27 Jun 12:30 |
26 May 12:30 |
26 Jan 13:30 |
23 Nov 13:30 |
27 Jul 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
