Based on the last 12 Philadelphia Fed Manufacturing Index events in United States, we expect a $440 movement on NZDUSD within 4 hours following the event release at 2022-08-18 12:30. We expect NZDUSD to trend upwards 4 hours following the event release at 2022-08-18 12:30 if the released value is > -5
Historical events that allowed us to draw this conclusion
17 Mar 12:30 |
20 Jan 13:30 |
18 Nov 13:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
