Based on the last 12 ISM Manufacturing PMI events in United States, we expect a $0 movement on 6A within the next 12 hours. We expect 6A to trend downwards for the next 12 hours because the released value is > 58.8
Historical events that allowed us to draw this conclusion
02 Nov 15:00 |
01 Sep 14:00 |
01 Jul 14:00 |
01 May 14:00 |
01 Apr 14:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).