We expect a $760 movement on EURUSD within the next 2 hours. We expect EURUSD to trend upwards 2 hours following the Fed Interest Rate Decision events in United States release because the released value is = 3.25%. A price movement of 76 pips is expected.
Historical events that allowed us to draw this conclusion
28 Jul 04:00 |
05 May 04:00 |
17 Mar 05:00 |
16 Dec 06:00 |
04 Nov 05:00 |
29 Jul 04:00 |
29 Apr 04:00 |
18 Mar 05:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).