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Be very careful of upcoming volatility. We expect a $42,244.185 movement on EMD.

Be very careful of upcoming volatility because of Euro Area Business Confidence news event later today. Based on the last 12 Business Confidence events in Euro Area, we expect a $42,244.185 movement on EMD within 12 hours following the event release at 28 Nov 10:00. We expect this to happen if the released value is < -0.14. A price movement of 2,085 pips is expected. Historical events that allowed us to draw this conclusion

30 Jul 09:00
27 Jun 09:00
29 Apr 09:00
28 Mar 10:00
30 Jan 10:00
08 Jan 10:00

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).

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Be very careful of upcoming volatility. We expect a $520 movement on AUDUSD.

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We expect a $27.51 movement on DX within 12 hours following the event release at 28 Nov 13:00.

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