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We expect a $520 movement on EURUSD within the next 4 hours. We expect EURUSD to trend downwards 4 hours following the Retail Sales MoM events in United States release because the released value is < 0.2%. A price movement of 52 pips is expected. Historical events that allowed us to draw this conclusion
15 Jun 22:30![]() |
14 Apr 22:30![]() |
15 Jan 00:30![]() |
16 Dec 00:30![]() |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).