Based on the last 12 Housing Starts events in United States, we expect a 785 pip movement on BO within 48 hours following the event release at 16 Dec 13:30 UTC. We expect BO to trend downwards 48 hours following the event release at 16 Dec 13:30 UTC if the released value is < 1.568M Historical events that allowed us to draw this conclusion
17 Nov 13:30 |
18 Aug 12:30 |
16 Jun 12:30 |
18 May 12:30 |
17 Mar 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
