We expect a $4398550 movement on NKD within the next 12 hours. We expect NKD to trend downwards 12 hours following the ISM Manufacturing PMI events in United States release because the released value is < 52.2. A price movement of 16750 pips is expected. Historical events that allowed us to draw this conclusion
01 Jul 14:00 |
01 Apr 14:00 |
04 Jan 15:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
