Based on the last 12 Ivey PMI s.a events in Canada, we expect a 972 pip movement on NKD within 48 hours following the event release at 2025-01-07 15:00. We expect NKD to trend downwards 48 hours following the event release at 2025-01-07 15:00 if the released value is < 55.4 Historical events that allowed us to draw this conclusion
06 Nov 15:00 |
06 Sep 14:00 |
07 Aug 14:00 |
06 Mar 15:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
