Based on past Germany ZEW Economic Sentiment Index news events there is a 71.43% chance of USDJPY trending upwards. We expect this to happen because the released value is < -63.4. A price movement of 203 pips is expected. Historical events that allowed us to draw this conclusion
13 Sep 09:00 |
16 Aug 09:00 |
12 Jul 09:00 |
15 Mar 10:00 |
12 Oct 09:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
