DELKOS 75% probability that EURUSD will trend up on Thursday 30 Jul at 09:00 AM GMT if the EMU Business Confidence number is greater than economists’ expectations.

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  • DELKOS 75% probability that EURUSD will trend up on Thursday 30 Jul at 09:00 AM GMT if the EMU Business Confidence number is greater than economists’ expectations.

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This Thursday 30 Jul at 09:00 AM GMT the latest EMU Business Confidence number will be released.
If the number is greater than than economists’ consensus there is a 75% probability that EURUSD will trend up following the news event.

This probability is based on the last 12 EMU Business Confidence events, in which 2 of the last 4 events where the actual number was greater than than the economist consensus resulted in an up trend of EURUSD.

Here are images of the past events:

Thursday 28 May at 09:00 AM GMT:

Thursday 27 Feb at 10:00 AM GMT:

Disclaimer: Past performance may not be indicative of future performance

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