Based on the last 12 GDP Growth Rate QoQ Final events in United States, we expect NQ to trend upwards later today. Based on these past events there is a 75% chance of this. We expect NQ to trend upwards 12 hours following the event release at 30 Sep 12:30 if the released value is < -31.7%. A price movement of 5,562 pips is expected. Historical events that allowed us to draw this conclusion
28 Mar 12:30 |
28 Jun 12:30 |
21 Dec 13:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).