Based on past United States Balance of Trade news events there is a 71.43% chance of NQ trending upwards. We expect this to happen because the released value is < $-66.8B. A price movement of 15,100 pips is expected. Historical events that allowed us to draw this conclusion
04 Nov 12:30 |
05 Oct 12:30 |
05 Aug 12:30 |
07 Apr 12:30 |
07 Jan 13:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
