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We expect EMD to trend upwards for the next 4 hours.

Based on the last 12 Deposit Facilty Rate events in Euro Area, we may expect EMD to trend upwards right now. Based on these past events there is a 72.73% chance of this. We made this conclusion because the released value is = 2%. A price movement of 431 pips may be experienced.

Historical events that allowed us to draw this conclusion

17 Apr 12:15
06 Mar 13:15
30 Jan 13:15
12 Sep 12:15
06 Jun 12:15
11 Apr 12:15
07 Mar 13:15
25 Jan 13:15
14 Dec 13:15

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

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We expect NZDUSD to trend upwards today with a 83.33% chance.

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We expect EMD to trend upwards right now.

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