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We expect S to trend downwards right now.

Based on past Germany Balance of Trade news events there is a 75% chance of S trending downwards. We expect this to happen because the released value is < €22.4B. A price movement of 887 pips is expected. Historical events that allowed us to draw this conclusion

08 Apr 06:00
04 Sep 06:00
04 Jul 06:00

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

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We expect PA to trend downwards for the next 12 hours.

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There is a 66.67% chance of EURUSD trending upwards

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