We expect a $32240 movement on PL within 4 hours following the release of ZEW Economic Sentiment Index at 2023-06-13 09:00. We expect PL to trend upwards 4 hours following the event release at 2023-06-13 09:00 if the released value is > -13.1. A price movement of 3235 pips is expected.
Historical events that allowed us to draw this conclusion
21 Feb 10:00 |
13 Dec 10:00 |
15 Nov 10:00 |
18 Oct 09:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
