Based on the last 12 ZEW Economic Sentiment Index events in Germany, we expect PL to trend upwards. Based on these past events there is a 83.33% chance of this. We expect PL to trend upwards for 2 hours because the released value is > 32. A price movement of 1,969 pips is expected.
Historical events that allowed us to draw this conclusion
07 Dec 10:00 |
09 Nov 10:00 |
11 May 09:00 |
16 Mar 10:00 |
19 Jan 10:00 |