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We expect PL to trend upwards today with a 66.67% chance.

Based on the last 12 Balance of Trade events in Canada, we expect PL to trend upwards later today. Based on these past events there is a 66.67% chance of this. We expect PL to trend upwards 2 hours following the event release at 07 Jan 13:30 if the released value is < C$-1.15B. A price movement of 989 pips is expected. Historical events that allowed us to draw this conclusion

05 Nov 13:30
04 Sep 12:30
09 May 12:30
08 Jan 13:30

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

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Breach of resistance could mean a start of a bullish trend on GER30

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American Express Co. has broken through the support line of a Support. It has touched this line numerous times in the last 20 days.

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