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We expect FV to trend upwards today with a 71.43% chance.

Based on the last 12 Ifo Business Climate events in Germany, we expect FV to trend upwards later today. Based on these past events there is a 71.43% chance of this. This may happen if the released value is > 92.2

Historical events that allowed us to draw this conclusion

24 Jun 08:00
24 Feb 09:00
24 Sep 08:00

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

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Silver SEPTEMBER 2020 is quickly approaching 26.4000. We expect either a breakout through this line, or a rebound.

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