Based on past United States Durable Goods Orders MoM news events there is a 88.89% chance of AUDUSD trending downwards. We expect this to happen because the released value is > -0.8%. A price movement of 50 pips is expected.
Historical events that allowed us to draw this conclusion
24 Apr 12:30 |
26 Mar 12:30 |
22 Dec 13:30 |
26 Oct 12:30 |
27 Sep 12:30 |
27 Jul 12:30 |
27 Jun 12:30 |
26 May 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
