TN may trend upwards for the next 48 hours. Based on these past Germany ZEW Economic Sentiment Index news events there is a 71.43% chance of this. Our expectation is based on that fact that the released value is < -27.5. A price movement of 230 pips could be expected. Historical events that allowed us to draw this conclusion
15 Feb 10:00 |
12 Oct 09:00 |
07 Sep 09:00 |
06 Jul 09:00 |
08 Jun 09:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
