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We expect ZR to trend downwards today with a 75% chance.

We expect ZR to trend downwards later today. Based on these past Germany ZEW Economic Sentiment Index news events there is a 75% chance of this. We expect this to happen if the released value is < -13. A price movement of 10 pips is expected. Historical events that allowed us to draw this conclusion

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

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Support line breached by ETHBTC. This price has been tested at least twice before.

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We expect a $166.186 movement on USDCAD within 2 hours following the event release at 12 Nov 10:00.

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