Based on the last 12 ISM Manufacturing PMI events in United States, we expect a 2,140 pip movement on PA within 4 hours following the event release at 01 Apr 14:00 UTC. We expect PA to trend upwards 4 hours following the event release at 01 Apr 14:00 UTC if the released value is < 45 Historical events that allowed us to draw this conclusion
03 Jan 15:00 |
02 Dec 15:00 |
01 Nov 14:00 |
01 Oct 14:00 |
03 Sep 14:00 |
01 May 14:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).