Based on the last 12 New Home Sales events in United States, we expect 6S to trend downwards. Based on these past events there is a 66.67% chance of this. We expect 6S to trend downwards for 4 hours because the released value is > 0.97M. A price movement of 0 pips is expected.
Historical events that allowed us to draw this conclusion
26 Oct 14:00 |
25 Aug 14:00 |
23 Jun 14:00 |
26 May 14:00 |
23 Apr 14:00 |
24 Mar 14:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).