We expect a $3496 movement on KW within 4 hours following the release of Ifo Business Climate at 2024-12-17 09:00. We expect KW to trend downwards 4 hours following the event release at 2024-12-17 09:00 if the released value is < 85.6. A price movement of 25 pips is expected. Historical events that allowed us to draw this conclusion
25 Nov 09:00 |
25 Jul 08:00 |
24 Jun 08:00 |
25 Jan 09:00 |
18 Dec 09:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
