Based on past United States New Home Sales news events there is a 70% chance of RTY trending upwards. We expect this to happen if the released value is > 0.97M. A price movement of 6,469 pips is expected.
Historical events that allowed us to draw this conclusion
23 Apr 14:00 |
23 Dec 15:00 |
25 Nov 15:00 |
24 Sep 14:00 |
25 Aug 14:00 |
24 Jul 14:00 |
26 May 14:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
