Based on the last 12 New Home Sales events in United States, we expect a 25 pip movement on AUDUSD within 2 hours following the event release at 25 May 14:00 UTC. We expect AUDUSD to trend upwards 2 hours following the event release at 25 May 14:00 UTC if the released value is > 0.97M
Historical events that allowed us to draw this conclusion
23 Apr 14:00 |
24 Feb 15:00 |
23 Dec 15:00 |
25 Nov 15:00 |
24 Sep 14:00 |
24 Jul 14:00 |
26 May 14:00 |