Based on past United States Durable Goods Orders MoM news events there is a 77.78% chance of 6A trending downwards. We expect this to happen because the released value is > 7%. A price movement of 0 pips is expected.
Historical events that allowed us to draw this conclusion
25 Jun 12:30 |
27 Feb 13:30 |
28 Jan 13:30 |
27 Nov 13:30 |
27 Sep 12:30 |
26 Aug 12:30 |
25 Jul 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).