Based on the last 12 Industrial Production YoY events in Euro Area, we may see a 5,562 pip movement on NQ within 2 hours following the event release at 13 May 09:00 UTC. NQ may trend upwards 2 hours following the event release at 13 May 09:00 UTC if the released value is > -1%
Historical events that allowed us to draw this conclusion
20 Apr 09:00 |
16 Feb 10:00 |
14 Dec 10:00 |
12 Nov 10:00 |
13 Oct 09:00 |
14 Jun 09:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
