EURUSD will trend upwards right now

Past performance is not an indicator of future results.
We expect EURUSD to trend upwards for the next 4 hours. Based on these past United States Housing Starts news events there is a 71.43% chance of this. We expect this to happen because the released value is < 1.25M. A price movement of 15 pips is expected.

Historical events that allowed us to draw this conclusion

17 Oct 13:30
16 Aug 13:30
18 Jul 13:30
16 May 13:30
18 Jan 13:30

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).

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