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We expect C to trend upwards today with a 66.67% chance.

Based on the last 12 ZEW Economic Sentiment Index events in Germany, we expect C to trend upwards later today. Based on these past events there is a 66.67% chance of this. We expect C to trend upwards 2 hours following the event release at 2023-10-17 09:00 if the released value is > -9.3. A price movement of 138325 pips is expected.

Historical events that allowed us to draw this conclusion

15 Aug 09:00
13 Jun 09:00
21 Feb 10:00
15 Nov 10:00
18 Oct 09:00

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).

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We expect a $631 movement on USDCAD within the next 4 hours.

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Esperamos que el GBPUSD comience su tendencia upwards ahora mismo.

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