Based on the last 12 Retail Sales MoM events in United States, we expect DX to trend downwards right now. Based on these past events there is a 75% chance of this. We expect DX to trend downwards for the next 48 hours because the released value is < -0.3%. A price movement of 78 pips is expected. Historical events that allowed us to draw this conclusion
14 May 12:30 |
15 Jan 13:30 |
16 Dec 13:30 |
16 Sep 12:30 |
14 Aug 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
