Based on the last 12 ZEW Economic Sentiment Index events in Germany, we expect EURUSD to trend downwards later today. Based on these past events there is a 80% chance of this. This will happen if the released value is < -37 Historical events that allowed us to draw this conclusion
13 Aug 09:00 |
16 Jul 09:00 |
14 May 09:00 |
16 Oct 09:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).