We expect a $5977335 movement on YM within the next 4 hours. We expect YM to trend downwards 4 hours following the GDP Growth Rate QoQ events in Canada release because the released value is < 1%. A price movement of 18850 pips is expected. Historical events that allowed us to draw this conclusion
01 Jun 12:30 |
01 Dec 13:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).