We expect a $7281882 movement on YM within the next 4 hours. We expect YM to trend downwards 4 hours following the Existing Home Sales events in United States release because the released value is > 4.7M. A price movement of 23850 pips is expected.
Historical events that allowed us to draw this conclusion
21 Sep 14:00 |
18 Feb 15:00 |
22 Nov 15:00 |
21 Oct 14:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
