We expect a $2084386 movement on C within 4 hours following the release of Consumer Confidence at 2022-11-01 08:00. We expect C to trend upwards 4 hours following the event release at 2022-11-01 08:00 if the released value is > -48.3. A price movement of 108675 pips is expected.
Historical events that allowed us to draw this conclusion
03 Aug 07:00 |
04 Feb 08:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).