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We expect a 9 pip movement on SI for the next 4 hours.

Based on the last 12 Ifo Business Climate events in Germany, we expect a 9 pip movement on SI for the next 4 hours. We expect SI to trend upwards for 4 hours because the released value is > 95.5

Historical events that allowed us to draw this conclusion

25 Oct 08:00
24 Jun 08:00
25 Mar 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 NIY to trend downwards today.

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After testing 0.6517 numerous times, NZD/USD is once again approaching this price point. Can we expect a bearish trend to follow?

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