We expect a $263835 movement on ES within 12 hours following the release of RBA Interest Rate Decision at 2023-03-07 03:30. We expect ES to trend downwards 12 hours following the event release at 2023-03-07 03:30 if the released value is = 3.6%. A price movement of 6500 pips is expected.
Historical events that allowed us to draw this conclusion
07 Feb 03:30 |
06 Dec 03:30 |
01 Nov 03:30 |
06 Sep 04:30 |
05 Jul 04:30 |
05 Apr 04:30 |
01 Mar 03:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
