Based on past Germany ZEW Economic Sentiment Index news events there is a 83.33% chance of ED trending upwards. We expect this to happen because the released value is > -27. A price movement of 1 pips is expected.
Historical events that allowed us to draw this conclusion
17 Sep 09:00 |
16 Apr 09:00 |
19 Mar 10:00 |
19 Feb 10:00 |
22 Jan 10:00 |
13 Nov 10:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
