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We expect a $16631 movement on S within the next 4 hours.

We expect a $16631 movement on S within the next 4 hours. We expect S to trend downwards 4 hours following the Balance of Trade events in United Kingdom release because the released value is > £-9.3B. A price movement of 1137 pips is expected.

Historical events that allowed us to draw this conclusion

11 Apr 06:00
11 Feb 07:00
14 Jan 07:00
10 Dec 07:00
09 Jul 11:00

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

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We expect NZDUSD to trend downwards for the next 4 hours.

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We expect C to trend downwards today.

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