Based on the last 12 Housing Starts events in United States, we expect NQ to trend upwards. Based on these past events there is a 71.43% chance of this. We expect NQ to trend upwards for 48 hours because the released value is > 1.53M. A price movement of 30,987 pips is expected.
Historical events that allowed us to draw this conclusion
18 Nov 13:30 |
18 Aug 12:30 |
17 Jul 12:30 |
18 Mar 12:30 |
17 Jan 13:30 |
17 Dec 13:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
