Based on the last 12 New Home Sales events in United States, we expect a 18 pip movement on SB within 4 hours following the event release at 24 Sep 14:00 UTC. We expect SB to trend downwards 4 hours following the event release at 24 Sep 14:00 UTC if the released value is > 0.895M
Historical events that allowed us to draw this conclusion
23 Jun 14:00 |
26 May 14:00 |
23 Apr 14:00 |
26 Feb 15:00 |
26 Nov 15:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
