We expect RB to trend upwards for the next 48 hours. Based on these past United States Fed Interest Rate Decision news events there is a 66.67% chance of this. We expect this to happen because the released value is = 0.25%. A price movement of 12 pips is expected.
Historical events that allowed us to draw this conclusion
16 Dec 19:00 |
05 Nov 19:00 |
16 Sep 18:00 |
29 Apr 18:00 |
11 Dec 19:00 |
30 Oct 18:00 |
18 Sep 18:00 |
19 Jun 18:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
