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We expect a 45,250 pip movement on NKD for the next 48 hours.

Based on the last 12 Balance of Trade events in Germany, we expect a 45,250 pip movement on NKD for the next 48 hours. We expect NKD to trend upwards for 48 hours because the released value is > € 1.4B

Historical events that allowed us to draw this conclusion

08 May 06:00
09 Apr 06:00
09 Mar 07:00
07 Feb 07:00
08 Nov 07:00
10 Oct 06:00
09 Sep 06:00

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

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We expect HE to trend downwards today.

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After experiencing a 6.68% bearish move in the space of 22 days, nobody knows where CORN SEPTEMBER 2020 is headed.

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