We expect a $62,014.946 movement on PL within 48 hours following the release of Housing Starts at 21 Jan 13:30. We expect PL to trend downwards 48 hours following the event release at 21 Jan 13:30 if the released value is > 1.56M. A price movement of 5,474 pips is expected.
Historical events that allowed us to draw this conclusion
17 Dec 13:30 |
18 Aug 12:30 |
18 Mar 12:30 |
19 Feb 13:30 |
17 Jan 13:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
