Based on the last 12 Durable Goods Orders MoM events in United States, we expect a 82 pip movement on EURUSD within 48 hours following the event release at 2023-05-26 12:30. We expect EURUSD to trend upwards 48 hours following the event release at 2023-05-26 12:30 if the released value is > -1%
Historical events that allowed us to draw this conclusion
26 Jan 13:30 |
23 Nov 13:30 |
27 Sep 12:30 |
27 Jul 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
