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There is a 70% chance of ES trending upwards

Based on the last 12 RBA Interest Rate Decision events in Australia, we expect ES to trend upwards later today. Based on these past events there is a 70% chance of this. We expect ES to trend upwards 4 hours following the event release at 2022-09-06 04:30 if the released value is = 2.35%. A price movement of 2537 pips is expected.

Historical events that allowed us to draw this conclusion

05 Apr 04:30
01 Mar 03:30
01 Feb 03:30
07 Dec 03:30
02 Nov 03:30
05 Oct 03:30
03 Aug 04:30

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

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Esperamos un movimiento de $100046 del ES durante las próximas 4 horas.

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We expect USDCHF to trend upwards today with a 80% chance.

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