GC could trend upwards for the next 48 hours.

GC may trend upwards for the next 48 hours. Based on these past Germany Balance of Trade news events there is a 70% chance of this. Our expectation is based on that fact that the released value is < €1.2B. A price movement of 8,050 pips could be expected. Historical events that allowed us to draw this conclusion

04 Mar 07:00
07 Jan 07:00
09 Dec 07:00
09 Nov 07:00
08 Oct 06:00
09 Sep 06:00
08 Jul 06:00

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

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We could see USDCHF trend downwards for the next 12 hours.

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A final push possible on XRPBTC as it starts approaching a price line of 0.0000.

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