Based on the last 12 Balance of Trade events in Canada, we expect a $300 movement on AUDUSD within 2 hours following the event release at 2025-01-07 13:30. We expect AUDUSD to trend upwards 2 hours following the event release at 2025-01-07 13:30 if the released value is > C$-1B
Historical events that allowed us to draw this conclusion
06 Aug 12:30 |
06 Jun 12:30 |
04 Apr 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
