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We expect AUDUSD to trend upwards today with a 75% chance.

Based on the last 12 Balance of Trade events in Japan, we expect AUDUSD to trend upwards later today. Based on these past events there is a 75% chance of this. We expect AUDUSD to trend upwards 4 hours following the event release at 2022-11-16 23:50 if the released value is < ¥-1610B. A price movement of 20 pips is expected. Historical events that allowed us to draw this conclusion

14 Sep 23:50
15 Jun 23:50
19 Apr 23:50
15 Mar 23:50
16 Feb 23:50
19 Oct 23:50

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

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Basándonos en los últimos 12 eventos de Balanza Comercial en Japón, esperamos que el par USDCAD adopte una tendencia ascendente a última hora de hoy. Según estos eventos, hay un 75% de probabilidad de que esto suceda.

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Esperamos un movimiento en $694 del CRD dentro de 48 horas después de la publicación del evento a las 2022-11-16 23:50.

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