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We expect OJ to trend downwards today with a 75% chance.

Based on the last 12 ISM Manufacturing PMI events in United States, we expect OJ to trend downwards later today. Based on these past events there is a 75% chance of this. We expect OJ to trend downwards 12 hours following the event release at 2022-10-03 14:00 if the released value is < 52.2. A price movement of 747 pips is expected. Historical events that allowed us to draw this conclusion

01 Jul 14:00
02 May 14:00
04 Jan 15:00

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

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Esperamos un movimiento en $110 del ZN dentro de 48 horas siguiendo la publicación de Ism Manufacturing Pmi el 2022-10-03 14:00.

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We expect EURUSD to trend upwards today with a 75% chance.

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