We expect a $2458 movement on ZC within the next 12 hours. We expect ZC to trend upwards 12 hours following the Retail Sales MoM events in United States release because the released value is > 0.2%. A price movement of 2300 pips is expected.
Historical events that allowed us to draw this conclusion
17 Jul 12:30 |
15 May 12:30 |
15 Nov 13:30 |
17 Oct 12:30 |
17 Sep 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
