Based on past Euro Area GDP Growth Rate QoQ 2nd Est news events there is a 70% chance of NQ trending upwards. We expect this to happen because the released value is = 0.1%. A price movement of 4,275 pips is expected.
Historical events that allowed us to draw this conclusion
14 Nov 10:00 |
15 May 09:00 |
14 Feb 10:00 |
14 Nov 10:00 |
16 May 09:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
