Based on the last 12 New Home Sales events in United States, we expect RU to trend upwards later today. Based on these past events there is a 75% chance of this. We expect RU to trend upwards 48 hours following the event release at 26 Jul 14:00 if the released value is < 0.8M. A price movement of 0 pips is expected. Historical events that allowed us to draw this conclusion
23 Jun 14:00 |
23 Mar 14:00 |
28 Jan 15:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
