Based on the last 12 Consumer Confidence Flash events in Euro Area, we expect C to trend downwards later today. Based on these past events there is a 83.33% chance of this. We expect C to trend downwards 4 hours following the event release at 2022-09-22 14:00 if the released value is < -25.8. A price movement of 115100 pips is expected. Historical events that allowed us to draw this conclusion
20 Jul 14:00 |
22 Jun 14:00 |
23 Mar 15:00 |
22 Nov 15:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
