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We expect HO to trend upwards today.

Based on the last 12 GDP Growth Rate QoQ Adv events in Italy, we expect HO to trend upwards later today. Based on these past events there is a 75% chance of this. We expect HO to trend upwards 2 hours following the event release at 30 Apr 10:00 if the released value is > -5%. A price movement of 1 pips is expected.

Historical events that allowed us to draw this conclusion

31 Jul 10:00
30 Apr 10:00
14 Nov 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 RTY to trend downwards today with a 83.33% chance.

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We expect ED to trend upwards today with a 75% chance.

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