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”).
