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”).
