Based on the last 12 Michigan Consumer Sentiment Prel events in United States, we expect EMD to trend upwards later today. Based on these past events there is a 75% chance of this. We expect EMD to trend upwards 48 hours following the event release at 2025-03-14 14:00 if the released value is < 63.1. A price movement of 658 pips is expected. Historical events that allowed us to draw this conclusion
10 Jan 15:00 |
11 Oct 14:00 |
12 Jul 14:00 |
14 Jun 14:00 |
10 May 14:00 |
15 Mar 14:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
