Based on past United States Retail Sales MoM news events there is a 83.33% chance of NG trending downwards. We expect this to happen if the released value is < 1%. A price movement of 1 pips is expected.Historical events that allowed us to draw this conclusion
|15 May 12:30|
|15 Apr 12:30|
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).