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We expect a $800 movement on EURUSD within the next 48 hours. We expect EURUSD to trend upwards 48 hours following the BoC Interest Rate Decision events in Canada release because the released value is = 0.25%. A price movement of 80 pips is expected.
Historical events that allowed us to draw this conclusion
28 Oct 01:00 |
09 Sep 00:00 |
22 Apr 00:00 |
11 Mar 02:00 |
21 Jan 02:00 |
10 Dec 02:00 |
10 Sep 00:00 |
16 Jul 00:00 |
04 Jun 00:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).