Based on the last 12 Durable Goods Orders MoM events in United States, we expect BP to trend upwards later today. Based on these past events there is a 85.71% chance of this. We expect BP to trend upwards 48 hours following the event release at 27 Sep 12:30 if the released value is < 0.7%. A price movement of 1 pips is expected. Historical events that allowed us to draw this conclusion
27 Jul 12:30 |
27 May 12:30 |
26 Apr 12:30 |
24 Mar 12:30 |
27 Jan 13:30 |
25 Sep 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
