Based on past United States New Home Sales news events there is a 80% chance of SB trending upwards. We expect this to happen because the released value is < 0.8M. A price movement of 31 pips is expected. Historical events that allowed us to draw this conclusion
26 Jul 14:00 |
23 Jun 14:00 |
23 Mar 14:00 |
28 Jan 15:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
