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Based on the last 12 Balance of Trade events in Germany, we expect EURUSD to trend upwards later today. Based on these past events there is a 66.67% chance of this. We expect EURUSD to trend upwards 2 hours following the event release at 2023-03-03 07:00 if the released value is > €8.6B. A price movement of 17 pips is expected.
Historical events that allowed us to draw this conclusion
|05 Jan 07:00
|02 Nov 07:00
|03 Aug 06:00
|04 May 06:00
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