We expect a $34.326 movement on DX within the next 12 hours. We expect DX to trend upwards 12 hours following the ZEW Economic Sentiment Index events in Germany release because the released value is > 32. A price movement of 36 pips is expected.
Historical events that allowed us to draw this conclusion
09 Nov 10:00 |
11 May 09:00 |
16 Mar 10:00 |
16 Feb 10:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
