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We expect DX to trend downwards for the next 48 hours.

We expect DX to trend downwards for the next 48 hours. Based on these past United States Inflation Rate YoY news events there is a 83.33% chance of this. We expect this to happen because the released value is > 4.7%. A price movement of 32 pips is expected.

Historical events that allowed us to draw this conclusion

13 Apr 12:30
10 Dec 13:30
11 Sep 12:30
12 Aug 12:30

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

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We expect a $93,247 movement on CC within the next 4 hours.

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Important price line being approached by Gold AUGUST 2021. This price has been tested numerous times before.

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