We expect a $59550 movement on CC within the next 2 hours. We expect CC to trend downwards 2 hours following the Housing Starts events in United States release because the released value is < 1.445M. A price movement of 2500 pips is expected. Historical events that allowed us to draw this conclusion
16 Aug 12:30 |
19 Jul 12:30 |
18 May 12:30 |
17 Feb 13:30 |
19 Oct 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).