We expect BP to trend upwards later today. Based on these past Germany ZEW Economic Sentiment Index news events there is a 75% chance of this. We expect this to happen if the released value is > 41.7. A price movement of 0 pips is expected.
Historical events that allowed us to draw this conclusion
15 Sep 09:00 |
11 Aug 09:00 |
16 Jun 09:00 |
19 May 09:00 |
21 Jan 10:00 |
10 Dec 10:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
