Receive the latest alerts via email

We expect a 14 pip movement on AUDUSD within 4 hours following the event release.

We expect AUDUSD to trend downwards later today. Based on these past Australia Balance of Trade news events there is a 71.43% chance of this. We expect this to happen if the released value is > A$5B. A price movement of 14 pips is expected.

Historical events that allowed us to draw this conclusion

01 May 01:30
09 Jan 00:30
03 Oct 01:30
05 Sep 01:30
01 Aug 01:30

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

Total
0
Shares
Previous Post

We expect EMD to trend upwards today with a 83.33% chance.

Next Post

We expect USDJPY to trend downwards for the next 2 hours.

Related Posts