Based on past Germany ZEW Economic Sentiment Index news events there is a 85.71% chance of ZC trending downwards. We expect this to happen if the released value is < 35. A price movement of 5000 pips is expected. Historical events that allowed us to draw this conclusion
15 Apr 09:00 |
12 Nov 10:00 |
17 Sep 09:00 |
13 Aug 09:00 |
18 Jun 09:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
