Based on the last 12 Durable Goods Orders MoM events in United States, we expect EURUSD to trend downwards right now. Based on these past events there is a 80% chance of this. We expect EURUSD to trend downwards for the next 2 hours because the released value is < 2.8%. A price movement of 37 pips is expected. Historical events that allowed us to draw this conclusion
26 Apr 12:30 |
24 Mar 12:30 |
27 Jan 13:30 |
25 Sep 12:30 |