Based on past Germany Unemployment Rate news events there is a 71.43% chance of 6E trending upwards. We expect this to happen if the released value is = 6.4%. A price movement of 1 pips is expected.
Historical events that allowed us to draw this conclusion
28 Feb 08:55 |
30 Jan 08:55 |
03 Jan 08:55 |
29 Nov 08:55 |
30 Oct 08:55 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
