EURUSD will trend upwards right now

Past performance is not an indicator of future results.
We expect EURUSD to trend upwards for the next 12 hours. Based on these past Euro Area GDP Growth Rate QoQ 2nd Est news events there is a 66.67% chance of this. We expect this to happen because the released value is = 0.2%. A price movement of 52 pips is expected.

Historical events that allowed us to draw this conclusion

14 Nov 10:00

14 Feb 10:00

14 Nov 10:00

16 Aug 10:00

16 May 10:00

12 Aug 10:00

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).

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