We expect a $156217 movement on S within 48 hours following the release of Michigan Consumer Sentiment Prel at 2022-12-09 15:00. We expect S to trend downwards 48 hours following the event release at 2022-12-09 15:00 if the released value is > 56.9. A price movement of 10525 pips is expected.
Historical events that allowed us to draw this conclusion
14 Oct 14:00 |
12 Aug 14:00 |
15 Jul 14:00 |
10 Dec 15:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
