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We expect ES to trend downwards for the next 2 hours.

We expect a $90090 movement on ES within the next 2 hours. We expect ES to trend downwards 2 hours following the GDP Growth Rate QoQ 1st Est events in France release because the released value is > 0.2%. A price movement of 2200 pips is expected.

Historical events that allowed us to draw this conclusion

29 Oct 05:30
30 Jul 05:30
30 Apr 05:30
29 Jan 06:30
30 Oct 06:30
31 Jul 05:30
30 Oct 06:30

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

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We expect USDCHF to trend downwards today with a 71.43% chance.

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We expect a $148 movement on USDCAD within 4 hours following the event release at 2022-07-29 05:30.

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