Based on the last 12 ZEW Economic Sentiment Index events in Germany, we expect a 32 pip movement on DX within 12 hours following the event release at 11 May 09:00 UTC. We expect DX to trend downwards 12 hours following the event release at 11 May 09:00 UTC if the released value is < 72 Historical events that allowed us to draw this conclusion
13 Apr 09:00 |
10 Nov 10:00 |
14 Jul 09:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
