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We expect EURUSD to trend downwards today with a 80% chance.

Based on the last 12 ZEW Economic Sentiment Index events in Germany, we expect EURUSD to trend downwards later today. Based on these past events there is a 80% chance of this. This will happen if the released value is < -37 Historical events that allowed us to draw this conclusion

13 Aug 09:00
16 Jul 09:00
14 May 09:00
16 Oct 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 $0.105 movement on HG within 4 hours following the event release at 17 Sep 09:00.

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

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