Based on the last 12 NAB Business Confidence events in Australia, we expect EURUSD to trend upwards later today. Based on these past events there is a 85.71% chance of this. We expect EURUSD to trend upwards 2 hours following the event release at 08 Sep 01:30 if the released value is < -18. A price movement of 39 pips is expected. Historical events that allowed us to draw this conclusion
11 Aug 01:30 |
14 Apr 01:30 |
10 Mar 01:00 |
11 Feb 00:30 |
28 Jan 00:30 |
08 Oct 00:30 |