We expect a $43301 movement on EMD within the next 4 hours. We expect EMD to trend upwards 4 hours following the GDP Growth Rate QoQ events in Australia release because the released value is < 0.4%. A price movement of 129 pips is expected. Historical events that allowed us to draw this conclusion
04 Sep 01:30 |
06 Mar 00:30 |
06 Dec 00:30 |
01 Mar 00:30 |
07 Dec 00:30 |
07 Sep 01:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
