We expect a $14194 movement on KW within 48 hours following the release of Michigan Consumer Sentiment Prel at 2024-01-19 15:00. We expect KW to trend downwards 48 hours following the event release at 2024-01-19 15:00 if the released value is > 70. A price movement of 2325 pips is expected.
Historical events that allowed us to draw this conclusion
08 Dec 15:00 |
11 Aug 14:00 |
10 Feb 15:00 |
13 Jan 15:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).