Based on the last 12 Michigan Consumer Sentiment Prel events in United States, we expect a 32 pip movement on EURUSD within 2 hours following the event release at 2022-12-09 15:00. We expect EURUSD to trend upwards 2 hours following the event release at 2022-12-09 15:00 if the released value is > 56.9
Historical events that allowed us to draw this conclusion
14 Oct 14:00 |
15 Jul 14:00 |
14 Apr 14:00 |
10 Dec 15:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
