Based on the last 12 ZEW Economic Sentiment Index events in Germany, we expect AUDUSD to trend upwards later today. Based on these past events there is a 80% chance of this. We expect AUDUSD to trend upwards 2 hours following the event release at 17 Mar 10:00 if the released value is < -26.4. A price movement of 8 pips is expected. Historical events that allowed us to draw this conclusion
18 Feb 10:00 |
13 Aug 09:00 |
18 Jun 09:00 |
14 May 09:00 |