We expect DX to trend downwards later today. Based on these past Germany ZEW Economic Sentiment Index news events there is a 66.67% chance of this. We expect this to happen if the released value is < 79. A price movement of 8 pips is expected. Historical events that allowed us to draw this conclusion
10 Nov 10:00 |
14 Jul 09:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
