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TN could trend upwards for the next 48 hours.

TN may trend upwards for the next 48 hours. Based on these past Germany ZEW Economic Sentiment Index news events there is a 71.43% chance of this. Our expectation is based on that fact that the released value is < -27.5. A price movement of 230 pips could be expected. Historical events that allowed us to draw this conclusion

15 Feb 10:00
12 Oct 09:00
07 Sep 09:00
06 Jul 09:00
08 Jun 09:00

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

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BCHAUD experienced a very large 14 days bearish move to 183.47

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GBPUSD could trend downwards today with a 71.43% chance.

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