Based on the last 12 ZEW Economic Sentiment Index events in Germany, we expect NZDUSD to trend upwards later today. Based on these past events there is a 66.67% chance of this. We expect NZDUSD to trend upwards 48 hours following the event release at 2025-03-18 10:00 if the released value is > 48.1. A price movement of 88 pips is expected.
Historical events that allowed us to draw this conclusion
18 Feb 10:00 |
14 May 09:00 |
16 Apr 09:00 |
19 Mar 10:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
