Receive the latest alerts via email

We expect ES to trend upwards today with a 75% chance.

Based on the last 12 Balance of Trade events in Australia, we expect ES to trend upwards later today. Based on these past events there is a 75% chance of this. We expect ES to trend upwards 12 hours following the event release at 06 Feb 00:30 if the released value is < A$5.95B. A price movement of 1,212 pips is expected. Historical events that allowed us to draw this conclusion

05 Dec 00:30
05 Sep 01:30
06 Jun 01:30

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

Total
0
Shares
Previous Post

Big movement expected on SPX500 after a breach of 3297.5000

Next Post

XRPBTC experienced a very large 8 days bullish move to 0

Related Posts