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There is a 75% chance of EURUSD trending downwards

Based on past United States Michigan Consumer Sentiment Prel news events there is a 75% chance of EURUSD trending downwards. We expect this to happen because the released value is > 71. A price movement of 47 pips is expected.

Historical events that allowed us to draw this conclusion

14 Jul 14:00
16 Jun 14:00
14 Apr 14:00
10 Feb 15:00
09 Dec 15:00
12 Aug 14:00

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

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D’après les derniers 12 événements Michigan Consumer Sentiment Prél en États-Unis, nous prévoyons que USDCHF ira à la hausse tout de suite. Basé sur ces derniers événements. Cela arrivera avec une probabilité de 75%.

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We expect a $20741 movement on PL within 12 hours following the event release at 2023-08-11 14:00.

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