Based on the last 12 GDP Growth Rate QoQ Final events in United States, we expect EURUSD to trend upwards later today. Based on these past events there is a 75% chance of this. We expect EURUSD to trend upwards 4 hours following the event release at 2024-12-19 13:30 if the released value is = 2.8%. A price movement of 79 pips is expected.
Historical events that allowed us to draw this conclusion
26 Sep 12:30 |
28 Sep 12:30 |
29 Sep 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
