We expect EURUSD to trend downwards for the next 2 hours. Based on these past Germany Balance of Trade news events there is a 85.71% chance of this. We expect this to happen because the released value is < €21.5B. A price movement of 34 pips is expected. Historical events that allowed us to draw this conclusion
08 Jan 07:00 |
09 Dec 07:00 |
08 Oct 06:00 |
08 Sep 06:00 |
09 Jul 06:00 |
09 Jun 06:00 |