Receive the latest alerts via email

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

Based on the last 12 Inflation Rate YoY Flash events in Euro Area, we expect EMD to trend upwards later today. Based on these past events there is a 66.67% chance of this. We expect EMD to trend upwards 12 hours following the event release at 2024-07-02 09:00 if the released value is = 2.5%. A price movement of 2359 pips is expected.

Historical events that allowed us to draw this conclusion

01 Feb 10:00
31 Jul 09:00

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

Previous Post

BTCUSD may be on a start of a new bearish trend after its breakout through this important support level

Next Post

We expect USDCAD to trend downwards with a 66.67% chance.

Related Posts