We expect a $9733 movement on KW within 12 hours following the release of Michigan Consumer Sentiment Prel at 2024-11-08 15:00. We expect KW to trend downwards 12 hours following the event release at 2024-11-08 15:00 if the released value is > 71. A price movement of 69 pips is expected.
Historical events that allowed us to draw this conclusion
13 Sep 14:00 |
19 Jan 15:00 |
08 Dec 15:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).