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We expect KW to trend upwards for the next 48 hours.

We expect KW to trend upwards for the next 48 hours. Based on these past Euro Area Unemployment Rate news events there is a 75% chance of this. We expect this to happen because the released value is = 7.6%. A price movement of 1,437 pips is expected.

Historical events that allowed us to draw this conclusion

02 Dec 10:00
30 Oct 10:00
01 Oct 09:00

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

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There is a 85.71% chance of S trending upwards

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We expect GF to trend downwards today.

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