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We expect EURUSD to trend downwards today with a 66.67% chance.

Based on the last 12 GDP Growth Rate QoQ Final events in United States, we expect EURUSD to trend downwards later today. Based on these past events there is a 66.67% chance of this. This will happen if the released value is > 2%

Historical events that allowed us to draw this conclusion

28 Mar 12:30
28 Sep 12:30
29 Jun 12:30
30 Mar 12:30

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

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We expect a 52 pip movement on USDCAD within 48 hours following the event release.

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We expect a $294,860.46 movement on SP within 4 hours following the event release at 26 Sep 12:30.

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