Based on the last 12 Fed Interest Rate Decision events in United States, we expect EURUSD to trend upwards right now. Based on these past events there is a 66.67% chance of this. We expect EURUSD to trend upwards for the next 2 hours because the released value is = 0.25%. A price movement of 24 pips is expected.

Historical events that allowed us to draw this conclusion

11 Jun 04:00	30 Apr 04:00
30 Jan 06:00	12 Dec 06:00
31 Oct 05:00	21 Mar 05:00
31 Jan 06:00

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