Based on the last 12 New Home Sales events in United States, we expect a $170 movement on EURUSD within 2 hours following the event release at 24 Dec 02:00. We expect EURUSD to trend downwards 2 hours following the event release at 24 Dec 02:00 if the released value is < 0.77M Historical events that allowed us to draw this conclusion
25 Nov 02:00 |
24 Jun 00:00 |
26 May 00:00 |
24 Mar 01:00 |
29 Jan 02:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).