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We expect 6C to trend upwards today with a 80% chance.

Based on the last 12 Unemployment Rate events in Germany, we expect 6C to trend upwards later today. Based on these past events there is a 80% chance of this. We expect 6C to trend upwards 12 hours following the event release at 31 Aug 07:55 if the released value is < 5.6%. A price movement of 0 pips is expected. Historical events that allowed us to draw this conclusion

29 Jul 07:55
29 Jan 08:55
01 Dec 08:55
30 Sep 07:55

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

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Intel Corporation – approaching a price line that has been previously tested numerous times in the past

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UK100 is quickly approaching 7091.5000. We expect either a breakout through this line, or a rebound.

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