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This Tuesday 19 May 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 85.71% probability that EURUSD will trend down following the news event.
This probability is based on the last 12 US Housing Starts events, in which 6 of the last 7 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:
Wednesday 18 Mar at 12:30 PM GMT:
Wednesday 19 Feb at 01:30 PM GMT:
Friday 17 Jan at 01:30 PM GMT:
Tuesday 17 Dec at 01:30 PM GMT:
Tuesday 18 Jun at 12:30 PM GMT:
Thursday 16 May at 12:30 PM GMT:
Disclaimer: Past performance may not be indicative of future performance