We expect YM to trend upwards later today. Based on these past Germany ZEW Economic Sentiment Index news events there is a 66.67% chance of this. We expect this to happen if the released value is > -15. A price movement of 15050 pips is expected.
Historical events that allowed us to draw this conclusion
13 Dec 10:00 |
18 Oct 09:00 |
12 Apr 09:00 |
18 Jan 10:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
