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We expect a 655 pip movement on EMD within 12 hours following the event release.

Based on the last 12 ZEW Economic Sentiment Index events in Germany, we expect EMD to trend upwards later today. Based on these past events there is a 71.43% chance of this. We expect EMD to trend upwards 12 hours following the event release at 2025-05-13 09:00 if the released value is < 13.7. A price movement of 655 pips is expected. Historical events that allowed us to draw this conclusion

21 Jan 10:00
17 Sep 09:00
13 Aug 09:00
16 Jul 09:00
18 Jun 09:00

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

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