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We expect a $7,838.5 movement on MW within 48 hours following the release of GDP Growth Rate QoQ.

We expect a $7,838.5 movement on MW within 48 hours following the release of GDP Growth Rate QoQ at 04 Dec 00:30. We expect MW to trend downwards 48 hours following the event release at 04 Dec 00:30 if the released value is < 0.5%. A price movement of 1,525 pips is expected. Historical events that allowed us to draw this conclusion

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

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We expect USDCAD to trend upwards today with a 75% chance.

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Breach of support could mean a start of a bearish trend on LTCUSD

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