We expect a $180 movement on AUDUSD within 4 hours following the release of Consumer Confidence at 2024-10-30 05:00. We expect AUDUSD to trend upwards 4 hours following the event release at 2024-10-30 05:00 if the released value is < 37. A price movement of 18 pips is expected. Historical events that allowed us to draw this conclusion
02 Oct 05:00 |
29 Aug 05:00 |
01 Jul 05:00 |
29 May 05:00 |
02 May 05:00 |
09 Apr 05:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
