If the released value is < €9.5B for the Balance of Trade event, we could see a $146.956 movement on CL within 2 hours following the release at 04 May 06:00. This movement may form an downwards trend for 2 hours following the event release at 04 May 06:00. Historical events that allowed us to draw this conclusion
04 Mar 07:00 |
07 Jan 07:00 |
09 Dec 07:00 |
08 Oct 06:00 |
09 Sep 06:00 |
09 Aug 06:00 |
08 Jul 06:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
