Based on the last 12 Ivey PMI s.a events in Canada, we expect PL to trend upwards later today. Based on these past events there is a 71.43% chance of this. We expect PL to trend upwards 2 hours following the event release at 2023-08-04 14:00 if the released value is < 52.7. A price movement of 1439 pips is expected. Historical events that allowed us to draw this conclusion
06 Jun 14:00 |
06 Mar 15:00 |
06 Jan 15:00 |
04 Nov 14:00 |
05 Aug 14:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
