Based on the last 12 Existing Home Sales events in United States, we expect TN to trend upwards later today. Based on these past events there is a 83.33% chance of this. We expect TN to trend upwards 48 hours following the event release at 19 Nov 15:00 if the released value is > 6.45M. A price movement of 203 pips is expected.
Historical events that allowed us to draw this conclusion
22 Oct 14:00 |
21 May 14:00 |
20 Mar 14:00 |
21 Feb 15:00 |
22 Jan 15:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
