Based on the last 12 Michigan Consumer Sentiment Prel events in United States, we expect a 33 pip movement on EURUSD within 12 hours following the event release at 2024-11-08 15:00. We expect EURUSD to trend upwards 12 hours following the event release at 2024-11-08 15:00 if the released value is > 71
Historical events that allowed us to draw this conclusion
16 Aug 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”).
