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We expect NKD to trend upwards today with a 80% chance.

Based on the last 12 Retail Sales MoM events in United States, we expect NKD to trend upwards later today. Based on these past events there is a 80% chance of this. We expect NKD to trend upwards 2 hours following the event release at 2025-04-16 12:30 if the released value is < 1.3%. A price movement of 29 pips is expected. Historical events that allowed us to draw this conclusion

17 Mar 12:30
14 Feb 13:30
18 Jun 12:30
15 May 12:30

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).

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