We expect a $10571550 movement on NKD within the next 12 hours. We expect NKD to trend downwards 12 hours following the NAB Business Confidence events in Australia release because the released value is > 6. A price movement of 37250 pips is expected.
Historical events that allowed us to draw this conclusion
09 Aug 01:30 |
08 Mar 00:30 |
08 Feb 00:30 |
14 Sep 01:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
