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We expect a 1275 pip movement on S within 4 hours following the event release.

Based on the last 12 Westpac Consumer Confidence Index events in Australia, we expect a $18857 movement on S within 4 hours following the event release at 2022-08-09 00:30. We expect S to trend downwards 4 hours following the event release at 2022-08-09 00:30 if the released value is < 85 Historical events that allowed us to draw this conclusion

15 Jun 00:30
11 May 00:30
08 Mar 23:30
08 Feb 23:30
18 Jan 23:30
13 Oct 00:30
11 Aug 00:30

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

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Important price line being approached by BCHUSD. This price has been tested numerous times before.

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We expect USDCAD to trend downwards today.

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