Based on past United States Durable Goods Orders MoM news events there is a 66.67% chance of ZB trending upwards. We expect this to happen because the released value is > -4%. A price movement of 37 pips is expected.
Historical events that allowed us to draw this conclusion
25 Jul 12:30 |
27 May 12:30 |
24 Apr 12:30 |
26 Mar 12:30 |
27 Feb 13:30 |
26 Sep 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
