Based on past Germany ZEW Economic Sentiment Index news events there is a 75% chance of BP trending upwards. We expect this to happen because the released value is > 15. A price movement of 1 pips is expected.
Historical events that allowed us to draw this conclusion
10 Dec 10:00 |
12 Nov 10:00 |
15 Oct 09:00 |
17 Sep 09:00 |
19 Feb 10:00 |
22 Jan 10:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
