Based on the last 12 Unemployment Rate events in Germany, we expect a 4,000 pip movement on C for the next 12 hours. We expect C to trend upwards for 12 hours because the released value is = 6%
Historical events that allowed us to draw this conclusion
31 Mar 07:55 |
02 Mar 08:55 |
05 Jan 08:55 |
01 Sep 07:55 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
