We expect RTY to trend upwards later today. Based on these past Germany ZEW Economic Sentiment Index news events there is a 71.43% chance of this. We expect this to happen if the released value is > -15. A price movement of 5919 pips is expected.
Historical events that allowed us to draw this conclusion
13 Jun 09:00 |
17 Jan 10:00 |
13 Dec 10:00 |
15 Nov 10:00 |
18 Oct 09:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
