Based on the last 12 ISM Non-Manufacturing PMI events in United States, we expect a 41 pip movement on CRD within 2 hours following the event release at 06 Jul 14:00 UTC. We expect CRD to trend upwards 2 hours following the event release at 06 Jul 14:00 UTC if the released value is < 50 Historical events that allowed us to draw this conclusion
04 Dec 15:00 |
03 Oct 14:00 |
05 Aug 14:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
