We expect a $1368 movement on KC within 12 hours following the release of ISM Manufacturing PMI at 2023-06-01 14:00. We expect KC to trend downwards 12 hours following the event release at 2023-06-01 14:00 if the released value is < 47. A price movement of 744 pips is expected. Historical events that allowed us to draw this conclusion
03 Apr 14:00 |
01 Mar 15:00 |
01 Feb 15:00 |
04 Jan 15:00 |
01 Dec 15:00 |
01 Jul 14:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
