Based on the last 12 Durable Goods Orders MoM events in United States, we expect a 88,600 pip movement on YM within 12 hours following the event release at 25 Mar 12:30 UTC. We expect YM to trend downwards 12 hours following the event release at 25 Mar 12:30 UTC if the released value is > -0.8%
Historical events that allowed us to draw this conclusion
27 Feb 13:30 |
27 Nov 13:30 |
27 Sep 12:30 |
25 Jul 12:30 |
25 Apr 12:30 |
02 Apr 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
