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There is a 75% chance of NQ trending upwards

Based on past Germany ZEW Economic Sentiment Index news events there is a 75% chance of NQ trending upwards. We expect this to happen if the released value is > 60. A price movement of 11,350 pips is expected.

Historical events that allowed us to draw this conclusion

16 Jun 09:00
19 May 09:00
21 Jan 10:00
10 Dec 10:00
15 Oct 09:00
17 Sep 09:00

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

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