Based on the last 12 Fed Interest Rate Decision events in United States, we expect EURUSD to trend downwards later today. Based on these past events there is a 66.67% chance of this. We expect EURUSD to trend downwards 2 hours following the event release at 31 Jul 18:00 if the released value is = 2.25%. A price movement of 26 pips is expected.
Historical events that allowed us to draw this conclusion
19 Jun 18:00 |
01 May 18:00 |
19 Dec 19:00 |
08 Nov 19:00 |
26 Sep 18:00 |
01 Aug 18:00 |
02 May 18:00 |
31 Jan 19:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
