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

Based on the last 12 Retail Sales MoM events in United States, we may expect NQ to trend downwards right now. Based on these past events there is a 75% chance of this. We made this conclusion because the released value is < 0.4%. A price movement of 8275 pips may be experienced. Historical events that allowed us to draw this conclusion

14 Mar 12:30
15 Feb 13:30
18 Jul 12:30

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

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We expect NZDUSD to trend downwards for the next 4 hours.

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