Based on the last 12 Michigan Consumer Sentiment Prel events in United States, we expect SB to trend upwards later today. Based on these past events there is a 71.43% chance of this. We expect SB to trend upwards 2 hours following the event release at 16 Oct 14:00 if the released value is > 80.5. A price movement of 8 pips is expected.
Historical events that allowed us to draw this conclusion
18 Sep 14:00 |
06 Dec 15:00 |
11 Oct 14:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
