Based on the last 12 Balance of Trade events in Australia, we expect ES to trend upwards later today. Based on these past events there is a 83.33% chance of this. We expect ES to trend upwards 2 hours following the event release at 2025-03-06 00:30 if the released value is > A$5.500B. A price movement of 31 pips is expected.
Historical events that allowed us to draw this conclusion
09 Jan 00:30 |
05 Dec 00:30 |
03 Oct 01:30 |
01 Aug 01:30 |
06 Jun 01:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
