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

Based on the last 12 Ifo Business Climate events in Germany, we expect a $298 movement on HE within 12 hours following the event release at 2025-07-25 08:00. We expect HE to trend downwards 12 hours following the event release at 2025-07-25 08:00 if the released value is < 89.0 Historical events that allowed us to draw this conclusion

24 Feb 09:00
17 Dec 09:00
24 Sep 08:00
25 Jul 08:00

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

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ETHEUR formed a Head and Shoulders on the 1 hour chart. Retest of support in sight.

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

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