We expect a $96,932.545 movement on PL within 48 hours following the release of Michigan Consumer Sentiment Prel at 16 Apr 14:00. We expect PL to trend upwards 48 hours following the event release at 16 Apr 14:00 if the released value is > 89.6. A price movement of 8,005 pips is expected.
Historical events that allowed us to draw this conclusion
12 Mar 15:00 |
11 Dec 15:00 |
16 Oct 14:00 |
12 Jun 14:00 |
15 May 14:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
