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There is a 75% chance of S trending upwards

Based on past Germany Balance of Trade news events there is a 75% chance of S trending upwards. We expect this to happen if the released value is < €12.5B. A price movement of 300 pips is expected. Historical events that allowed us to draw this conclusion

09 Apr 06:00
09 Feb 07:00
09 Dec 07:00
08 Oct 06:00
08 Sep 06:00
09 Jul 06:00

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

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AUS200 – approaching a price line that has been previously tested numerous times in the past

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We expect NQ to trend downwards right now.

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