TradersNews 75% probability that EURUSD will trend down on Monday 26 Jul at 02:00 PM GMT if the US New Home Sales number is less than 0.8M.

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  • TradersNews 75% probability that EURUSD will trend down on Monday 26 Jul at 02:00 PM GMT if the US New Home Sales number is less than 0.8M.

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This Monday 26 Jul at 02:00 PM GMT the latest US New Home Sales number will be released.
If the number is less than than economists’ consensus there is a 75% probability that EURUSD will trend down following the news event.

This probability is based on the last 12 US New Home Sales events, in which 3 of the last 4 events where the actual number was less than than the economist consensus resulted in an down trend of EURUSD.

Here are images of the past events:

Wednesday 23 Jun at 02:00 PM GMT:

Tuesday 25 May at 02:00 PM GMT:

Tuesday 23 Mar at 02:00 PM GMT:

Disclaimer: Past performance may not be indicative of future performance

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