Based on the last 12 Durable Goods Orders MoM events in United States, we expect 6J to trend upwards later today. Based on these past events there is a 77.78% chance of this. We expect 6J to trend upwards 12 hours following the event release at 25 Sep 12:30 if the released value is > 1.5%. A price movement of 0 pips is expected.
Historical events that allowed us to draw this conclusion
26 Aug 12:30 |
27 Jul 12:30 |
25 Jun 12:30 |
28 May 12:30 |
25 Mar 12:30 |
27 Feb 13:30 |
27 Sep 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
