We expect a $867.16 movement on HE within 48 hours following the release of Philadelphia Fed Manufacturing Index at 21 Oct 12:30. We expect HE to trend upwards 48 hours following the event release at 21 Oct 12:30 if the released value is > 25. A price movement of 1,141 pips is expected.
Historical events that allowed us to draw this conclusion
18 Mar 12:30 |
18 Feb 13:30 |
21 Jan 13:30 |
19 Nov 13:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
