Based on the last 12 Ivey PMI s.a events in Canada, we expect ZW to trend downwards later today. Based on these past events there is a 66.67% chance of this. We expect ZW to trend downwards 4 hours following the event release at 2025-01-07 15:00 if the released value is < 55.4. A price movement of 1275 pips is expected. Historical events that allowed us to draw this conclusion
06 Sep 14:00 |
07 Aug 14:00 |
06 Jun 14:00 |
06 Mar 15:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
