Based on the last 12 New Home Sales events in United States, we expect a 0 pip movement on 6J within 12 hours following the event release at 24 Aug 14:00 UTC. We expect 6J to trend upwards 12 hours following the event release at 24 Aug 14:00 UTC if the released value is > 0.7M
Historical events that allowed us to draw this conclusion
23 Apr 14:00 |
24 Feb 15:00 |
25 Nov 15:00 |
26 Oct 14:00 |
25 Aug 14:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
