Receive the latest alerts via email

We expect NZDUSD to trend downwards today.

Based on the last 12 ISM Manufacturing PMI events in United States, we expect NZDUSD to trend downwards later today. Based on these past events there is a 75% chance of this. We expect NZDUSD to trend downwards 2 hours following the event release at 04 Jan 15:00 if the released value is < 60. A price movement of 23 pips is expected. Historical events that allowed us to draw this conclusion

02 Aug 14:00
01 Jul 14:00
01 Feb 15:00

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

Total
0
Shares
Previous Post

After testing 1801.3000 numerous times, Gold FEBRUARY 2022 has finally broken through. Can we expect a bearish trend to follow?

Next Post

We expect GC to trend downwards right now.

ARTÍCULOS RELACIONADOS