Based on past United States Retail Sales MoM news events there is a 85.71% chance of RTY trending upwards. We expect this to happen because the released value is > 0.3%. A price movement of 3984 pips is expected.
Historical events that allowed us to draw this conclusion
17 Jan 13:30 |
14 Dec 13:30 |
15 Nov 13:30 |
17 Oct 12:30 |
14 Sep 12:30 |
15 Jun 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
