Based on the last 12 Retail Sales MoM events in United States, we expect S to trend downwards later today. Based on these past events there is a 83.33% chance of this. We expect S to trend downwards 4 hours following the event release at 14 Jan 13:30 if the released value is < 0%. A price movement of 1,412 pips is expected. Historical events that allowed us to draw this conclusion
15 Dec 13:30 |
17 Aug 12:30 |
15 Jun 12:30 |
14 May 12:30 |
15 Jan 13:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
