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A possible $553.68 movement on USDJPY within 4 hours following the event release at 10 May 09:00.

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”).

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