Euro Area Consumer Confidence Flash News Event – a $400 opportunity on EURUSD

We expect a $400 movement on EURUSD within 48 hours following the release of Consumer Confidence Flash at 25 Mar 02:00. We expect EURUSD to trend downwards 48 hours following the event release at 25 Mar 02:00 if the released value is < -14.5. A price movement of 40 pips is expected. Historical events that allowed us to draw this conclusion

22 Jan 02:00
23 Oct 01:00
23 Apr 00:00

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