Based on past Germany Ifo Business Climate news events there is a 71.43% chance of S trending downwards. We expect this to happen because the released value is < 90.4. A price movement of 1750 pips is expected. Historical events that allowed us to draw this conclusion
25 Jan 09:00 |
18 Dec 09:00 |
24 Nov 09:00 |
25 Jul 08:00 |
24 May 08:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
