Receive the latest alerts via email

There is a 75% chance of NZDUSD trending upwards

Based on the last 12 Balance of Trade events in Japan, we expect NZDUSD to trend upwards later today. Based on these past events there is a 75% chance of this. We expect NZDUSD to trend upwards 12 hours following the event release at 2022-08-16 23:50 if the released value is < ¥-1405B. A price movement of 48 pips is expected. Historical events that allowed us to draw this conclusion

19 Apr 23:50
15 Mar 23:50
16 Feb 23:50
15 Dec 23:50
19 Oct 23:50
20 Jul 23:50

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

Total
0
Shares
Previous Post

We expect BO to trend downwards today with a 75% chance.

Next Post

XRPUSD – approaching a price line that has been previously tested numerous times in the past

ARTÍCULOS RELACIONADOS