Balance of Trade

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Based on the last 12 Balance of Trade events in United States, we expect EURUSD to trend upwards later today. Based on these past events there is a 71.43% chance of this. We expect EURUSD to trend upwards 12 hours following the event release at 2023-06-07 12:30 if the released value is > $-75.2B. A price movement of 53 pips is expected.

Historical events that allowed us to draw this conclusion

08 Mar 13:30
07 Feb 13:30
05 Oct 12:30
04 Aug 12:30
07 Jun 12:30

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