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There is a 81.82% chance of SI trending upwards

Based on past Germany Balance of Trade news events there is a 81.82% chance of SI trending upwards. We expect this to happen if the released value is > €15.9B. A price movement of 25 pips is expected.

Historical events that allowed us to draw this conclusion

08 May 06:00
09 Apr 06:00
09 Mar 07:00
07 Feb 07:00
09 Dec 07:00
08 Nov 07:00
10 Oct 06:00
08 Jul 06:00
07 Jun 06:00

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

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We expect a 6 pip movement on TN for the next 2 hours.

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We expect SI to trend upwards right now.

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