Based on past Germany Ifo Business Climate news events there is a 83.33% chance of YM trending upwards. We expect this to happen because the released value is < 85.8. A price movement of 60 pips is expected. Historical events that allowed us to draw this conclusion
17 Dec 09:00 |
25 Nov 09:00 |
24 Sep 08:00 |
25 Jul 08:00 |
24 Jun 08:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
