Based on the last 12 Michigan Consumer Sentiment Prel 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 12 hours following the event release at 2025-05-16 14:00 if the released value is > 53.4. A price movement of 16 pips is expected.
Historical events that allowed us to draw this conclusion
06 Dec 15:00 |
08 Nov 15:00 |
13 Sep 14:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
