We expect a $303 movement on BO within 48 hours following the release of ZEW Economic Sentiment Index at 2022-12-13 10:00. We expect BO to trend upwards 48 hours following the event release at 2022-12-13 10:00 if the released value is > -26.4. A price movement of 486 pips is expected.
Historical events that allowed us to draw this conclusion
18 Oct 09:00 |
10 May 09:00 |
12 Apr 09:00 |
18 Jan 10:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
