Based on the last 12 Durable Goods Orders MoM events in United States, we expect AUDUSD to trend upwards later today. Based on these past events there is a 80% chance of this. We expect AUDUSD to trend upwards 48 hours following the event release at 2023-01-27 00:30 if the released value is > 2.5%. A price movement of 59 pips is expected.

Historical events that allowed us to draw this conclusion

24 Nov 00:30	27 Jul 22:30
26 Feb 00:30

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