Based on the last 12 Consumer Confidence Flash events in Euro Area, KC could experience an upwards trend. Based on these past events there is a 71.43% chance of this, and the trend could last 4 hours because the released value is < -20.5. Historical events that allowed us to draw this conclusion
21 Dec 15:00 |
22 Nov 15:00 |
23 Aug 14:00 |
22 Jul 14:00 |
22 Jun 14:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).