Based on the last 12 Balance of Trade events in Canada, we could see a $9500 movement on S within the next 2 hours. We may see S trend upwards for 2 hours because the released value is < C$ -0.8B Historical events that allowed us to draw this conclusion
04 Sep 12:30 |
03 Jul 12:30 |
02 May 12:30 |
07 Feb 13:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
