Receive the latest alerts via email

We expect ZB to trend upwards right now.

Based on the last 12 NAB Business Confidence events in Australia, we expect ZB to trend upwards right now. Based on these past events there is a 66.67% chance of this. We expect ZB to trend upwards for the next 48 hours because the released value is > -3. A price movement of 284 pips is expected.

Historical events that allowed us to draw this conclusion

08 Sep 01:30
09 Jun 01:30
12 May 01:30
12 Nov 00:30

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

Total
0
Shares
Previous Post

There is a 83.33% chance of GC trending upwards

Next Post

After experiencing a 12.01% bullish move in the space of 8 days, nobody knows where NAS100 is headed.

Related Posts