Based on the last 12 New Home Sales events in United States, we expect a 17 pip movement on NG for the next 12 hours. We expect NG to trend upwards for 12 hours because the released value is > 0.7M
Historical events that allowed us to draw this conclusion
23 Jun 14:00 |
26 May 14:00 |
23 Apr 14:00 |
24 Mar 14:00 |
26 Nov 15:00 |
24 Oct 14:00 |
25 Sep 14:00 |
23 Aug 14:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
