Based on past Germany ZEW Economic Sentiment Index news events there is a 83.33% chance of USDCHF trending upwards. We expect this to happen if the released value is > -50. A price movement of 95 pips is expected.
Historical events that allowed us to draw this conclusion
18 Oct 09:00 |
10 May 09:00 |
12 Apr 09:00 |
18 Jan 10:00 |
09 Nov 10:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
