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We expect NZDUSD to trend downwards today.

Based on the last 12 New Home Sales events in United States, we expect NZDUSD to trend downwards later today. Based on these past events there is a 66.67% chance of this. We expect NZDUSD to trend downwards 12 hours following the event release at 26 Nov 15:00 if the released value is > 0.709M. A price movement of 17 pips is expected.

Historical events that allowed us to draw this conclusion

24 Oct 14:00
25 Sep 14:00
24 Jul 14:00
23 Apr 14:00
05 Mar 15:00
31 Jan 15:00

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).

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We expect a $1,357,276.5 movement on NQ within 12 hours following the event release at 26 Nov 15:00.

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Important price line breached by Light Sweet Crude Oil JANUARY 2020. This price has been tested numerous times before.

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