Based on past Germany GDP Growth Rate QoQ Flash news events there is a 66.67% chance of EURUSD trending downwards. We expect this to happen if the released value is < 0.1%. A price movement of 50 pips is expected. Historical events that allowed us to draw this conclusion
14 Feb 18:00 |
14 Nov 18:00 |
15 Aug 16:00 |
12 May 16:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).