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We expect a $240.156 movement on ZB within 12 hours following the event release at 17 Aug 09:00.

Based on the last 12 GDP Growth Rate QoQ 2nd Est events in Euro Area, we expect a $240.156 movement on ZB within 12 hours following the event release at 17 Aug 09:00. We expect ZB to trend upwards 12 hours following the event release at 17 Aug 09:00 if the released value is = 2%

Historical events that allowed us to draw this conclusion

18 May 09:00
14 Feb 10:00
14 Nov 10:00
14 Aug 09:00
15 May 09:00
14 Feb 10:00
14 Nov 10:00

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

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After testing resistance twice in the past, Live Cattle OCTOBER 2021 has finally broken through. Can we expect a bullish trend to follow?

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We expect UB to trend upwards right now.

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