We expect a $2,819,945.398 movement on NQ within 48 hours following the release of NAB Business Confidence at 11 Aug 01:30. We expect NQ to trend downwards 48 hours following the event release at 11 Aug 01:30 if the released value is > -1. A price movement of 25,487 pips is expected.
Historical events that allowed us to draw this conclusion
14 Jul 01:30 |
12 May 01:30 |
13 Aug 01:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
