We expect EURUSD to trend upwards for the next 4 hours. Based on these past United States New Home Sales news events there is a 70% chance of this. We expect this to happen because the released value is > 0.785M. A price movement of 31 pips is expected.

Historical events that allowed us to draw this conclusion

25 Jul 00:00	27 Feb 02:00
27 Nov 02:00	24 Aug 00:00

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