Based on past United States Housing Starts news events there is a 71.43% chance of 6A trending downwards. We expect this to happen because the released value is > 1.56M. A price movement of 0 pips is expected.
Historical events that allowed us to draw this conclusion
17 Dec 13:30 |
18 Aug 12:30 |
18 Mar 12:30 |
19 Feb 13:30 |
17 Jan 13:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
