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We expect KW to trend downwards for the next 4 hours.

We expect a $3040 movement on KW within the next 4 hours. We expect KW to trend downwards 4 hours following the Michigan Consumer Sentiment Prel events in United States release because the released value is < 58. A price movement of 24 pips is expected. Historical events that allowed us to draw this conclusion

15 Aug 14:00
16 May 14:00
11 Apr 14:00
14 Mar 14:00
07 Feb 15:00
11 Oct 14:00

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

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We expect a 79 pip movement on EURUSD within 12 hours following the event release.

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