Based on past Germany Ifo Business Climate news events there is a 75% chance of S trending downwards. We expect this to happen if the released value is < 86.7. A price movement of 1750 pips is expected. Historical events that allowed us to draw this conclusion
18 Dec 09:00 |
24 Nov 09:00 |
25 Jul 08:00 |
24 May 08:00 |
24 Apr 08:00 |
22 Feb 09:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
