Based on the last 12 ISM Manufacturing PMI events in United States, we expect a $360 movement on EURUSD within 2 hours following the event release at 2023-06-01 14:00. We expect EURUSD to trend upwards 2 hours following the event release at 2023-06-01 14:00 if the released value is < 47 Historical events that allowed us to draw this conclusion
03 Apr 14:00 |
01 Mar 15:00 |
01 Feb 15:00 |
04 Jan 15:00 |
03 Oct 14:00 |
01 Jul 14:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
