Based on the last 12 Housing Starts events in United States, we expect a $290 movement on EURUSD within 4 hours following the event release at 19 Apr 22:30. We expect EURUSD to trend downwards 4 hours following the event release at 19 Apr 22:30 if the released value is > 1.745M
Historical events that allowed us to draw this conclusion
17 Dec 00:30 |
21 Sep 22:30 |
20 Jul 22:30 |
16 Apr 22:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).