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We expect a $1833 movement on KW within the next 2 hours.

We expect KW to trend downwards for the next 2 hours. Based on these past Germany Balance of Trade news events there is a 71.43% chance of this. We expect this to happen because the released value is > €20.3B. A price movement of 312 pips is expected.

Historical events that allowed us to draw this conclusion

06 Mar 07:00
05 Feb 07:00
08 Jan 07:00
03 Nov 07:00
05 Oct 06:00

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).

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