We expect a $0 movement on 6A within 12 hours following the release of Durable Goods Orders MoM at 23 Dec 13:30. We expect 6A to trend upwards 12 hours following the event release at 23 Dec 13:30 if the released value is > 0.6%. A price movement of 0 pips is expected.
Historical events that allowed us to draw this conclusion
25 Nov 13:30 |
26 Aug 12:30 |
27 Jul 12:30 |
25 Jun 12:30 |
28 May 12:30 |
28 Jan 13:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
