We expect 6E to trend downwards later today. Based on these past United States Michigan Consumer Sentiment Prel news events there is a 75% chance of this. We expect this to happen if the released value is > 76.5. A price movement of 0 pips is expected.
Historical events that allowed us to draw this conclusion
16 Oct 14:00 |
12 Jun 14:00 |
15 May 14:00 |
13 Mar 14:00 |
14 Feb 15:00 |
06 Dec 15:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
