We expect a $2136 movement on KC within the next 12 hours. We expect KC to trend upwards 12 hours following the Existing Home Sales events in United States release because the released value is > 4.7M. A price movement of 1112 pips is expected.
Historical events that allowed us to draw this conclusion
21 Sep 14:00 |
21 Jun 14:00 |
18 Feb 15:00 |
22 Nov 15:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
