We expect DX to trend upwards right now.

Based on the last 12 ZEW Economic Sentiment Index events in Germany, we expect DX to trend upwards right now. Based on these past events there is a 75% chance of this. We expect DX to trend upwards for the next 4 hours because the released value is < 41.7. A price movement of 81 pips is expected. Historical events that allowed us to draw this conclusion

13 Oct 09:00

17 Mar 10:00

18 Feb 10:00

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