Based on the last 12 ISM Manufacturing PMI events in United States, we expect a 284 pip movement on USDCHF within 48 hours following the event release at 2024-11-01 14:00. We expect USDCHF to trend downwards 48 hours following the event release at 2024-11-01 14:00 if the released value is < 47.6 Historical events that allowed us to draw this conclusion
03 Sep 14:00 |
01 Aug 14:00 |
01 Jul 14:00 |
03 Jun 14:00 |
01 May 14:00 |
01 Mar 15:00 |
01 Nov 14:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
