Based on past United States ISM Non-Manufacturing PMI news events there is a 83.33% chance of HE trending upwards. We expect this to happen if the released value is < 44. A price movement of 516 pips is expected. Historical events that allowed us to draw this conclusion
04 Dec 15:00 |
03 Oct 14:00 |
05 Aug 14:00 |
03 Jul 14:00 |
03 Apr 14:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
