We expect a $0 movement on BP within 2 hours following the release of ZEW Economic Sentiment Index at 19 Jan 10:00. We expect BP to trend upwards 2 hours following the event release at 19 Jan 10:00 if the released value is > 60. A price movement of 0 pips is expected.
Historical events that allowed us to draw this conclusion
15 Sep 09:00 |
11 Aug 09:00 |
16 Jun 09:00 |
19 May 09:00 |
21 Jan 10:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
