Based on the last 12 Balance of Trade events in United States, we expect a 22 pip movement on EURUSD within 2 hours following the event release at 2022-09-07 12:30. We expect EURUSD to trend downwards 2 hours following the event release at 2022-09-07 12:30 if the released value is < $-70.3B Historical events that allowed us to draw this conclusion
07 Jul 12:30 |
04 May 12:30 |
05 Apr 12:30 |
08 Mar 13:30 |
06 Jan 13:30 |
05 Oct 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
