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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 75% chance of this. We expect EURUSD to trend upwards 2 hours following the event release at 2025-05-08 06:00 if the released value is > €19.1B. A price movement of 21 pips is expected.
Historical events that allowed us to draw this conclusion
07 Feb 07:00 |
09 Jan 07:00 |
08 Jul 06:00 |
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