We expect a $350 movement on EURUSD within 4 hours following the release of Durable Goods Orders Ex Transp MoM at 25 Oct 12:30.
We expect EURUSD to trend down 4 hours following the event release at 25 Oct 12:30 if the released value is < 0.5%. A price movement of 35 pips is expected.
Historical events that allowed us to draw this conclusion
27 Sep 12:30 |
26 Jul 12:30 |
27 Jun 12:30 |
26 Apr 12:30 |
27 Feb 13:30 |
22 Dec 13:30 |
* All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”)
