Receive the latest alerts via email

What to trade around the US Housing Starts news event

What to trade around the US Housing Starts news event

Based on the last 12 Housing Starts events in US, we expect USDCAD to trend down right now. Based on these past events there is a 71.4% of this.
We expect USDCAD to trend down for the next 2 hours because the released value is < 1.23M. A price movement of 15 pips is expected. Historical events that allowed us to draw this conclusion

26 Mar 12:30
 
26 Feb 13:30
 
16 Aug 12:30
 
18 Jul 12:30
 
16 May 12:30
 

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

Total
0
Shares
Previous Post

Jpmorgan Chase & Co. Target Level: 104.47

Next Post
EUR/JPY Target Level: 126.7650

EUR/JPY Target Level: 126.7650

Related Posts