We expect HE to trend upwards for the next 12 hours. Based on these past United States Balance of Trade news events there is a 80% chance of this. We expect this to happen because the released value is < $-70.5B. A price movement of 328 pips is expected. Historical events that allowed us to draw this conclusion
05 Mar 13:30 |
05 Feb 13:30 |
04 Nov 13:30 |
06 Oct 12:30 |
03 Sep 12:30 |
05 Aug 12:30 |
02 Jul 12:30 |
04 Jun 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
