Based on the last 12 Unemployment Rate events in Germany, we expect a 21 pip movement on NZDUSD within 4 hours following the event release at 29 Aug 07:55 UTC. We expect NZDUSD to trend upwards 4 hours following the event release at 29 Aug 07:55 UTC if the released value is = 5%
Historical events that allowed us to draw this conclusion
31 Jul 07:55 |
30 Apr 07:55 |
29 Mar 08:55 |
01 Mar 08:55 |
31 Jan 08:55 |
04 Jan 08:55 |
30 Oct 08:55 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
