Based on the last 12 Deposit Facilty Rate events in Euro Area, we expect NQ to trend upwards later today. Based on these past events there is a 66.67% chance of this. We expect NQ to trend upwards 48 hours following the event release at 2024-01-25 13:15 if the released value is = 4%. A price movement of 21975 pips is expected.
Historical events that allowed us to draw this conclusion
15 Jun 12:15 |
04 May 12:15 |
16 Mar 13:15 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).