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We expect a $0 movement on 6S within 12 hours following the release of ZEW Economic Sentiment Index.

We expect a $0 movement on 6S within 12 hours following the release of ZEW Economic Sentiment Index at 13 Oct 09:00. We expect 6S to trend upwards 12 hours following the event release at 13 Oct 09:00 if the released value is > 73. A price movement of 0 pips is expected.

Historical events that allowed us to draw this conclusion

21 Apr 09:00
10 Dec 10:00
12 Nov 10:00

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

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Soybeans NOVEMBER 2020 is quickly approaching 1011.0000. We expect either a breakout through this line, or a rebound.

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We expect AC to trend downwards for the next 2 hours.

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