We expect C to trend downwards later today. Based on these past Germany ZEW Economic Sentiment Index news events there is a 83.33% chance of this. We expect this to happen if the released value is > 74. A price movement of 162,862 pips is expected.
Historical events that allowed us to draw this conclusion
16 Feb 10:00 |
08 Dec 10:00 |
11 Aug 09:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
