Receive the latest alerts via email

We expect NZDUSD to trend upwards today.

Based on the last 12 GfK Consumer Confidence events in United Kingdom, we expect NZDUSD to trend upwards later today. Based on these past events there is a 75% chance of this. We expect NZDUSD to trend upwards 12 hours following the event release at 29 Aug 23:01 if the released value is < -12. A price movement of 6 pips is expected. Historical events that allowed us to draw this conclusion

27 Jun 23:01
29 Apr 23:01
29 Nov 18:01

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

Total
0
Shares
Previous Post

We expect MW to trend downwards with a 66.67% chance.

Next Post

We expect SM to trend upwards with a 75% chance.

ARTÍCULOS RELACIONADOS