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We expect a 40 pip movement on AUDUSD within 12 hours following the event release.

Based on the last 12 Consumer Confidence events in Switzerland, we expect a 40 pip movement on AUDUSD within 12 hours following the event release at 2023-05-02 07:00. We expect AUDUSD to trend downwards 12 hours following the event release at 2023-05-02 07:00 if the released value is < -24.4 Historical events that allowed us to draw this conclusion

02 Aug 07:00
02 May 07:00
04 Nov 08:00
04 May 07:00
15 Apr 09:30

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

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Feeder Cattle AUGUST 2023 has broken through support of a Channel Up. It has touched this line at least twice in the last 19 days.

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Esperamos un movimiento de 100 pips en el DX dentro de unas 48 horas posteriores a la publicación del evento.

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