Based on past Germany Balance of Trade news events there is a 75% chance of S trending upwards. We expect this to happen if the released value is < €12.5B. A price movement of 300 pips is expected. Historical events that allowed us to draw this conclusion
09 Apr 06:00 |
09 Feb 07:00 |
09 Dec 07:00 |
08 Oct 06:00 |
08 Sep 06:00 |
09 Jul 06:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
