Based on the last 12 Consumer Confidence Flash events in Euro Area, we expect 6E to trend downwards right now. Based on these past events there is a 66.67% chance of this. We expect 6E to trend downwards for the next 48 hours because the released value is > -24. A price movement of 0 pips is expected.
Historical events that allowed us to draw this conclusion
21 Nov 15:00 |
20 Sep 14:00 |
23 Jul 14:00 |
21 May 14:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
