Based on the last 12 Consumer Confidence Flash events in Euro Area, we expect a 154 pip movement on EURUSD within 48 hours following the event release at 2022-12-21 02:00. We expect EURUSD to trend downwards 48 hours following the event release at 2022-12-21 02:00 if the released value is < -22 Historical events that allowed us to draw this conclusion
23 Sep 00:00 |
21 Jul 00:00 |
23 Jun 00:00 |
19 Feb 02:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).