Based on past United States Balance of Trade news events there is a 71.43% chance of AC trending upwards. We expect this to happen if the released value is < $-66.1B. A price movement of 7 pips is expected. Historical events that allowed us to draw this conclusion
03 Sep 12:30 |
05 Aug 12:30 |
02 Jul 12:30 |
04 Jun 12:30 |
05 May 12:30 |
05 Feb 13:30 |
04 Oct 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
