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We expect BZ to trend downwards today with a 87.5% chance.

Based on the last 12 Unemployment Rate events in Germany, we expect BZ to trend downwards later today. Based on these past events there is a 87.5% chance of this. We expect BZ to trend downwards 48 hours following the event release at 30 Jul 07:55 if the released value is = 6.5%. A price movement of 370 pips is expected.

Historical events that allowed us to draw this conclusion

30 Jan 08:55
29 Nov 08:55
30 Oct 08:55
30 Sep 07:55
29 Aug 07:55
31 Jul 07:55

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

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We expect CL to trend upwards today with a 75% chance.

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We expect a $68,292.843 movement on RTY within 12 hours following the event release at 30 Jul 08:00.

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