Based on the last 12 Unemployment Rate events in Germany, we expect NG to trend upwards. Based on these past events there is a 66.67% chance of this. We expect NG to trend upwards for 2 hours because the released value is < 6.3%. A price movement of 0 pips is expected. Historical events that allowed us to draw this conclusion
30 Sep 07:55 |
30 Jul 07:55 |
01 Jul 07:55 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
