Based on the last 12 ZEW Economic Sentiment Index events in Germany, USDCAD may trend downwards for the next 48 hours. Based on these past events there is a 80% chance of this. This may happen because the released value is < 13 Historical events that allowed us to draw this conclusion
17 Sep 09:00 |
13 Aug 09:00 |
16 Jul 09:00 |
18 Jun 09:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).