Based on past Australia RBA Interest Rate Decision news events there is a 66.67% chance of NQ trending upwards. We expect this to happen if the released value is = 0.1%. A price movement of 48,725 pips is expected.
Historical events that allowed us to draw this conclusion
07 Dec 03:30 |
02 Nov 03:30 |
05 Oct 03:30 |
03 Aug 04:30 |
06 Jul 04:30 |
06 Apr 04:30 |
02 Feb 03:30 |
01 Dec 03:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
