Based on the last 12 Fed Interest Rate Decision events in United States, we expect EURUSD to trend upwards. Based on these past events there is a 66.67% chance of this. We expect EURUSD to trend upwards for 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
10 Jun 18:00 |
29 Apr 18:00 |
29 Jan 19:00 |
11 Dec 19:00 |
30 Oct 18:00 |
20 Mar 18:00 |
30 Jan 19:00 |