We expect a $18139 movement on RTY within 4 hours following the release of Balance of Trade at 2023-04-13 06:00. We expect RTY to trend upwards 4 hours following the event release at 2023-04-13 06:00 if the released value is > £-4.9B. A price movement of 1015 pips is expected.
Historical events that allowed us to draw this conclusion
10 Mar 07:00 |
13 Jan 07:00 |
12 Dec 07:00 |
12 Oct 06:00 |
12 Sep 06:00 |
11 Apr 06:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).