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We expect a $129 movement on USDCHF within 4 hours following the release of Balance of Trade.

Based on the last 12 Balance of Trade events in Australia, we expect USDCHF to trend upwards later today. Based on these past events there is a 71.43% chance of this. We expect USDCHF to trend upwards 4 hours following the event release at 2023-08-03 01:30 if the released value is > A$11B. A price movement of 12 pips is expected.

Historical events that allowed us to draw this conclusion

04 May 01:30
06 Apr 01:30
12 Jan 00:30
08 Dec 00:30
04 Aug 01:30

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

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Esperamos un movimiento de 158 pips en el GF dentro de unas 4 horas posteriores a la publicación del evento.

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Esperamos un movimiento en $104 del USDCAD dentro de 2 horas siguiendo la publicación de Balanza Comercial el 2023-08-03 01:30.

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