We expect a $580 movement on EURUSD within 2 hours following the release of Fed Interest Rate Decision at 29 Jan 19:00. We expect EURUSD to trend downwards 2 hours following the event release at 29 Jan 19:00 if the released value is = 1.75%. A price movement of 58 pips is expected.
Historical events that allowed us to draw this conclusion
18 Sep 18:00 |
31 Jul 18:00 |
19 Jun 18:00 |
01 May 18:00 |
19 Dec 19:00 |
08 Nov 19:00 |
26 Sep 18:00 |
01 Aug 18:00 |