TradersNews 83.33% probability that EURUSD will trend down on Tuesday 27 Jul at 12:30 PM GMT if the US Durable Goods Orders MoM number is less than 2.1%.

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This Tuesday 27 Jul at 12:30 PM GMT the latest US Durable Goods Orders MoM number will be released.
If the number is less than than economists’ consensus there is a 83.33% probability that EURUSD will trend down following the news event.

This probability is based on the last 12 US Durable Goods Orders MoM events, in which 5 of the last 6 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:

Thursday 24 Jun at 12:30 PM GMT:

Monday 26 Apr at 12:30 PM GMT:

Wednesday 24 Mar at 12:30 PM GMT:

Wednesday 27 Jan at 01:30 PM GMT:

Friday 25 Sep at 12:30 PM GMT:

Disclaimer: Past performance may not be indicative of future performance