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We expect a 35 pip movement on EURUSD within 48 hours following the event release.

Based on the last 12 Industrial Production YoY events in Euro Area, we expect a 35 pip movement on EURUSD within 48 hours following the event release at 14 Aug 09:00 UTC. We expect EURUSD to trend downwards 48 hours following the event release at 14 Aug 09:00 UTC if the released value is < -1.2% Historical events that allowed us to draw this conclusion

13 Feb 10:00
14 Jan 10:00
14 Aug 09:00

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

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We expect USDCHF to trend upwards today with a 66.67% chance.

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After testing the support line numerous times, UK100 is once again approaching this line. Can we expect a bearish trend to follow?

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