Based on the last 12 Philadelphia Fed Manufacturing Index events in United States, we expect 6S to trend upwards. Based on these past events there is a 66.67% chance of this. We expect 6S to trend upwards for 48 hours because the released value is < 31. A price movement of 0 pips is expected. Historical events that allowed us to draw this conclusion
20 May 12:30 |
20 Aug 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
