Based on the last 12 Durable Goods Orders MoM events in United States, we expect S to trend upwards. Based on these past events there is a 80% chance of this. We expect S to trend upwards for 2 hours because the released value is > 0.8%. A price movement of 1,987 pips is expected.
Historical events that allowed us to draw this conclusion
23 Dec 13:30 |
27 Oct 12:30 |
27 Sep 12:30 |
25 Aug 12:30 |