Based on past United States ISM Manufacturing PMI news events there is a 66.67% chance of 6S trending downwards. We expect this to happen because the released value is > 58.6. A price movement of 1 pips is expected.
Historical events that allowed us to draw this conclusion
01 Jun 14:00 |
01 Mar 15:00 |
05 Jan 15:00 |
01 Sep 14:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
