We expect a $121,472 movement on CC within the next 4 hours. We expect CC to trend upwards 4 hours following the Balance of Trade events in Australia release because the released value is > A$11B. A price movement of 5,200 pips is expected.
Historical events that allowed us to draw this conclusion
04 Nov 00:30 |
02 Sep 01:30 |
05 Aug 01:30 |
03 Jun 01:30 |
04 Feb 00:30 |
03 Dec 00:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).