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We expect a 1,539 pip movement on GC within 2 hours following the event release.

Based on the last 12 Balance of Trade events in Germany, we expect a 1,539 pip movement on GC within 2 hours following the event release at 08 May 06:00 UTC. We expect GC to trend upwards 2 hours following the event release at 08 May 06:00 UTC if the released value is > €17B

Historical events that allowed us to draw this conclusion

09 Apr 06:00
09 Mar 07:00
07 Feb 07:00
09 Dec 07:00
08 Nov 07:00
10 Oct 06:00
08 Jul 06:00
07 Jun 06:00

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

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BTCCAD moves higher to 12,714.8 in the last 22 days.

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We expect a $0 movement on 6M within the next 12 hours.

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