Based on the last 12 Balance of Trade events in Germany, we expect a $17.278 movement on DX within the next 4 hours. We expect DX to trend downwards for 4 hours because the released value is < €18.4B Historical events that allowed us to draw this conclusion
09 Nov 07:00 |
08 Oct 06:00 |
09 Sep 06:00 |
09 Aug 06:00 |
08 Jul 06:00 |
09 Feb 07:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
