Receive the latest alerts via email

We expect NQ to trend downwards right now.

Based on the last 12 Balance of Trade events in Germany, we expect NQ to trend downwards right now. Based on these past events there is a 75% chance of this. We expect NQ to trend downwards for the next 48 hours because the released value is > €12.5B. A price movement of 66,237 pips is expected.

Historical events that allowed us to draw this conclusion

07 May 06:00
09 Nov 07:00
07 Aug 06:00

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

Total
0
Shares
Previous Post

There is a 75% chance of S trending upwards

Next Post

UK100 is quickly approaching 7065.5000. We expect either a breakout through this line, or a rebound.

ARTÍCULOS RELACIONADOS