We expect RTY to trend downwards for the next 2 hours. Based on these past United States GDP Growth Rate QoQ 2nd Est news events there is a 75% chance of this. We expect this to happen because the released value is < 6.7%. A price movement of 1,815 pips is expected. Historical events that allowed us to draw this conclusion
25 Feb 13:30 |
25 Nov 13:30 |
28 May 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
