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We expect a $70 movement on EURUSD within the next 4 hours.

We expect a $70 movement on EURUSD within the next 4 hours. We expect EURUSD to trend upwards 4 hours following the GfK Consumer Confidence events in United Kingdom release because the released value is < -15. A price movement of 7 pips is expected. Historical events that allowed us to draw this conclusion

21 Oct 23:01
19 Aug 23:01
24 Jun 23:01
22 Apr 23:01

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

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We expect a $50 movement on AUDUSD within 2 hours following the event release at 20 Jan 23:30.

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LTCUSD moves lower to 133.39 in the last 6 hours.

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