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We expect BP to trend upwards right now.

Based on the last 12 ZEW Economic Sentiment Index events in Germany, we expect BP to trend upwards right now. Based on these past events there is a 66.67% chance of this. This may happen because the released value is > 59.6

Historical events that allowed us to draw this conclusion

19 Jan 10:00
08 Dec 10:00
15 Sep 09:00
11 Aug 09:00
16 Jun 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 a 247 pip movement on BZ within 48 hours following the event release.

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Important price line breached by UK100. This price has been tested numerous times before.

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