We expect a $2.829 movement on SB within the next 2 hours. We expect SB to trend upwards 2 hours following the Ivey PMI s.a events in Canada release because the released value is > 65. A price movement of 16 pips is expected.
Historical events that allowed us to draw this conclusion
07 Apr 14:00 |
05 Mar 15:00 |
05 Feb 15:00 |
06 Nov 15:00 |
07 Jul 14:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
