Based on the last 12 Philadelphia Fed Manufacturing Index events in United States, EURUSD could experience an downwards trend. Based on these past events there is a 71.43% chance of this, and the trend could last 48 hours because the released value is < 21. Historical events that allowed us to draw this conclusion
17 Feb 13:30 |
16 Dec 13:30 |
21 Oct 12:30 |
15 Jul 12:30 |
17 Jun 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
