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We expect GC to trend upwards for the next 4 hours.

Based on past Germany Ifo Business Climate news events there is a 80% chance of GC trending upwards. We expect this to happen because the released value is > 87. A price movement of 604 pips is expected.

Historical events that allowed us to draw this conclusion

25 Aug 08:00
23 May 08:00
22 Feb 09:00
25 Jan 09:00

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

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Nous attendons un mouvement de $44374 pour C dans les 48 prochaines heures.

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We expect EURUSD to trend downwards for the next 4 hours.

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