TradersNews 80% probability that EURUSD will trend down on Thursday 22 Jul at 02:00 PM GMT if the US Existing Home Sales number is less than 5.9M.

[Add to iCal Calendar]  [Add to Google Calendar]

This Thursday 22 Jul at 02:00 PM GMT the latest US Existing Home Sales number will be released.
If the number is less 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 Existing Home Sales events, in which 4 of the last 5 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:

Friday 21 May at 02:00 PM GMT:

Thursday 22 Apr at 02:00 PM GMT:

Tuesday 22 Dec at 03:00 PM GMT:

Wednesday 22 Jul at 02:00 PM GMT:

Disclaimer: Past performance may not be indicative of future performance