We expect a $2,080 movement on EURUSD within 12 hours following the release of ECB Interest Rate Decision at 12 Sep 11:45. We expect EURUSD to trend downwards 12 hours following the event release at 12 Sep 11:45 if the released value is = 0%. A price movement of 208 pips is expected.
Historical events that allowed us to draw this conclusion
10 Apr 11:45 |
07 Mar 12:45 |
24 Jan 12:45 |
13 Dec 12:45 |
25 Oct 11:45 |
26 Jul 11:45 |
14 Jun 11:45 |
26 Apr 11:45 |
08 Mar 12:45 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
