TradersNews 75% probability that EURUSD will trend down on Thursday 23 Jan at 03:00 PM GMT if the EMU Consumer Confidence Flash number is greater than -7.8.

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  • TradersNews 75% probability that EURUSD will trend down on Thursday 23 Jan at 03:00 PM GMT if the EMU Consumer Confidence Flash number is greater than -7.8.

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This Thursday 23 Jan at 03:00 PM GMT the latest EMU Consumer Confidence Flash number will be released.
If the number is greater than than economists’ consensus there is a 75% probability that EURUSD will trend down following the news event.

This probability is based on the last 12 EMU Consumer Confidence Flash events, in which 3 of the last 4 events where the actual number was greater than than the economist consensus resulted in an down trend of EURUSD.

Here are images of the past events:

Thursday 21 Nov at 03:00 PM GMT:

Friday 20 Sep at 02:00 PM GMT:

Tuesday 23 Jul at 02:00 PM GMT:

Disclaimer: Past performance may not be indicative of future performance

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