We expect a $13790808 movement on YM within 4 hours following the release of Balance of Trade at 2024-12-05 13:30. We expect YM to trend upwards 4 hours following the event release at 2024-12-05 13:30 if the released value is > C$-0.8B. A price movement of 306 pips is expected.
Historical events that allowed us to draw this conclusion
06 Aug 12:30 |
06 Jun 12:30 |
04 Apr 12:30 |
07 Mar 13:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
