Based on the last 12 ZEW Economic Sentiment Index events in Germany, a $553.68 movement on USDJPY may occur within 4 hours following the event release at 10 May 09:00. USDJPY could trend downwards 4 hours following the event release at 10 May 09:00 if the released value is > -42
Historical events that allowed us to draw this conclusion
12 Apr 09:00 |
18 Jan 10:00 |
07 Dec 10:00 |
11 May 09:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
