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Trade with an edge around todays US New Home Sales news event

Trade with an edge around todays US New Home Sales news event

Based on past US New Home Sales news events there is a 75.0% of USDCHF trending down
We expect this to happen because the released value is > 0.65M. A price movement of 21 pips is expected.

Historical events that allowed us to draw this conclusion

14 Mar 14:00
 
31 Jan 15:00
 
28 Nov 15:00
 
26 Sep 14:00
 
25 Jun 14:00
 
24 Apr 14:00
 

* All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”)

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