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We expect a $44550 movement on ES within the next 2 hours.

Based on past Australia RBA Interest Rate Decision news events there is a 90% chance of ES trending upwards. We expect this to happen because the released value is = 2.85%. A price movement of 1200 pips is expected.

Historical events that allowed us to draw this conclusion

06 Sep 04:30
02 Aug 04:30
05 Jul 04:30
05 Apr 04:30
01 Feb 03:30
07 Dec 03:30
02 Nov 03:30
05 Oct 03:30
07 Sep 04:30

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

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