TradersNews 85.71% probability that EURUSD will trend down on Wednesday 05 Aug at 12:30 PM GMT if the US Balance of Trade number is less than $-50.1B.

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TradersNews 85.71% probability that EURUSD will trend down on Wednesday 05 Aug at 12:30 PM GMT if the US Balance of Trade number is less than $-50.1B.

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This Wednesday 05 Aug at 12:30 PM GMT the latest US Balance of Trade number will be released.
If the number is less than than economists’ consensus there is a 85.71% probability that EURUSD will trend down following the news event.

This probability is based on the last 12 US Balance of Trade events, in which 2 of the last 7 events where the actual number was less than than the economist consensus resulted in an down trend of EURUSD.

Here are images of the past events:

View forecasts

Thursday 02 Jul at 12:30 PM GMT:

Wednesday 05 Feb at 01:30 PM GMT:

Disclaimer: Past performance may not be indicative of future performance

August 5, 2020
By:Delkos Research
Category:Tradersnews_en_GB
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TradersNews 85.71% probability that EURUSD will trend down on Wednesday 05 Aug at 12:30 PM GMT if the US Balance of Trade number is less than $-50.1B.

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