We expect EURUSD to trend downwards for the next 4 hours. Based on these past United States GDP Growth Rate QoQ Adv news events there is a 83.33% chance of this. We expect this to happen because the released value is > 2.4%. A price movement of 91 pips is expected.
Historical events that allowed us to draw this conclusion
25 Jan 13:30 |
26 Oct 12:30 |
27 Jul 12:30 |
26 Jan 13:30 |
27 Oct 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
