TradersNews 75% probability that EURUSD will trend up on Wednesday 24 Mar at 03:00 PM GMT if the EMU Consumer Confidence Flash number is greater than -14.5.

[Add to iCal Calendar]  [Add to Google Calendar]

This Wednesday 24 Mar 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 up following the news event.

This probability is based on the last 12 EMU Consumer Confidence Flash events, in which 6 of the last 8 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 18 Feb at 03:00 PM GMT:

Monday 21 Dec at 03:00 PM GMT:

Friday 20 Nov at 03:00 PM GMT:

Friday 21 Aug at 02:00 PM GMT:

Monday 22 Jun at 02:00 PM GMT:

Monday 23 Mar at 03:00 PM GMT:

Disclaimer: Past performance may not be indicative of future performance