Based on the last 12 Housing Starts events in United States, we could expect PL to trend upwards later today. Based on these past events there is a 66.67% chance of this. We expect PL to trend upwards 4 hours following the event release at 16 Jun 12:30 if the released value is > 1.701M. A price movement of 2,564 pips could result.
Historical events that allowed us to draw this conclusion
17 Mar 12:30 |
19 Jan 13:30 |
16 Dec 13:30 |
21 Sep 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
