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We expect ZR to trend upwards today.

Based on the last 12 New Home Sales events in United States, we expect ZR to trend upwards later today. Based on these past events there is a 75% chance of this. We expect ZR to trend upwards 2 hours following the event release at 26 May 14:00 if the released value is < 0.49M. A price movement of 7 pips is expected. Historical events that allowed us to draw this conclusion

27 Jan 15:00
23 Dec 15:00
23 May 14:00

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).

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