Be very careful of upcoming volatility. We expect a $200 movement on AUDUSD.

Be very careful of upcoming volatility because of United States Fed Interest Rate Decision news event later today. Based on the last 12 Fed Interest Rate Decision events in United States, we expect a $200 movement on AUDUSD within 2 hours following the event release at 31 Jul 18:00. We expect this to happen if the released value is = 2.25%. A price movement of 20 pips is expected.

Historical events that allowed us to draw this conclusion

19 Jun 18:00
01 May 18:00
19 Dec 19:00
08 Nov 19:00
26 Sep 18:00
13 Jun 18:00
02 May 18:00
31 Jan 19:00

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).

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