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We expect YM to trend upwards today.

Based on the last 12 Deposit Facilty Rate events in Euro Area, we expect YM to trend upwards later today. Based on these past events there is a 75% chance of this. This may happen if the released value is = 2.25%

Historical events that allowed us to draw this conclusion

06 Mar 13:15
30 Jan 13:15
17 Oct 12:15
12 Sep 12:15
06 Jun 12:15
11 Apr 12:15
07 Mar 13:15
25 Jan 13:15
14 Dec 13:15

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

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LTCAUD hits 116.4400 after a run of 4 consecutive daily candles spanning 5 days.

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We expect a $470 movement on GBPUSD within 2 hours following the release of Deposit Facilty Rate.

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