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We expect NG to trend downwards for the next 12 hours.

We expect NG to trend downwards for the next 12 hours. Based on these past Canada GDP Growth Rate QoQ news events there is a 66.67% chance of this. We expect this to happen because the released value is < 10%. A price movement of 9 pips is expected. Historical events that allowed us to draw this conclusion

31 May 12:30
02 Mar 13:30

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

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Light Sweet Crude Oil JANUARY 2021 is approaching the support line of a Support. It has touched this line numerous times in the last 7 days.

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We expect a $624.51 movement on KC within 12 hours following the event release at 01 Dec 15:00.

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