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We expect NQ to trend downwards today with a 75% chance.

Based on past Australia NAB Business Confidence news events there is a 75% chance of NQ trending downwards. We expect this to happen if the released value is > -1. A price movement of 475 pips is expected.

Historical events that allowed us to draw this conclusion

11 Apr 01:30
14 Feb 00:30
13 Sep 01:30

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

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There is a 75% chance of NZDUSD trending downwards

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Esperamos un movimiento en $1618750 del NIY dentro de 4 horas después de la publicación del evento a las 2023-07-11 01:30.

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