Based on the last 12 Consumer Confidence Flash events in Euro Area, we expect a $130 movement on EURUSD within 12 hours following the event release at 20 Sep 14:00. We expect EURUSD to trend upwards 12 hours following the event release at 20 Sep 14:00 if the released value is > -7
Historical events that allowed us to draw this conclusion
21 May 14:00 |
23 Oct 14:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
