DELKOS 80% probability that EURUSD will trend down on Friday 16 Aug at 12:30 PM GMT if the US Housing Starts number is greater than 1.257M.
This Friday 16 Aug at 12:30 PM GMT the latest US Housing Starts number will be released.
If the number is greater than than economists’ consensus there is a 80% probability that EURUSD will trend down following the news event.
This probability is based on the last 12 US Housing Starts events, in which 4 of the last 5 events where the actual number was greater than than the economist consensus resulted in an down trend of EURUSD.
Here are images of the past events:
Tuesday 18 Jun at 12:30 PM GMT:
Thursday 16 May at 12:30 PM GMT:
Tuesday 18 Dec at 01:30 PM GMT:
Wednesday 19 Sep at 12:30 PM GMT:
Disclaimer: Past performance may not be indicative of future performance