Based on the last 12 Unemployment Rate events in Germany, we expect RTY to trend downwards later today. Based on these past events there is a 80% chance of this. We expect RTY to trend downwards 4 hours following the event release at 2022-07-29 07:55 if the released value is = 5.4%. A price movement of 1305 pips is expected.
Historical events that allowed us to draw this conclusion
31 May 07:55 |
03 May 07:55 |
31 Mar 07:55 |
28 Oct 07:55 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
