Based on the last 12 Balance of Trade events in United States, we expect a 1,125 pip movement on ZW within 48 hours following the event release at 05 Nov 13:30 UTC. We expect ZW to trend upwards 48 hours following the event release at 05 Nov 13:30 UTC if the released value is < $-52.5B Historical events that allowed us to draw this conclusion
04 Oct 12:30 |
04 Sep 12:30 |
02 Aug 12:30 |
06 Jun 12:30 |
06 Dec 13:30 |
02 Nov 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
