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

We expect HG to trend downwards for the next 2 hours. Based on these past Australia Westpac Consumer Confidence Index news events there is a 66.67% chance of this. We expect this to happen because the released value is < 96. A price movement of 0 pips is expected. Historical events that allowed us to draw this conclusion

15 Apr 00:30
21 Jan 23:30
10 Dec 23:30
10 Jul 00:30

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

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After testing support twice in the past, LTCUSD has finally broken through. Can we expect a bearish trend to follow?

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We expect BO to trend downwards today with a 66.67% chance.

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