Based on the last 12 Ivey PMI s.a events in Canada, we expect BR to trend upwards. Based on these past events there is a 66.67% chance of this. We expect BR to trend upwards for 2 hours because the released value is > 53.6. A price movement of 0 pips is expected.
Historical events that allowed us to draw this conclusion
07 Feb 15:00 |
05 Dec 15:00 |
07 May 14:00 |
04 Apr 14:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
