Based on the last 12 ECB Interest Rate Decision events in Euro Area, we expect YM to trend downwards right now. Based on these past events there is a 83.33% chance of this. We expect YM to trend downwards for the next 2 hours because the released value is = 0%. A price movement of 46,300 pips is expected.
Historical events that allowed us to draw this conclusion
30 Apr 11:45 |
23 Jan 12:45 |
24 Oct 11:45 |
12 Sep 11:45 |
25 Jul 11:45 |
06 Jun 11:45 |
10 Apr 11:45 |
07 Mar 12:45 |
24 Jan 12:45 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
