Based on the last 12 Michigan Consumer Sentiment Prel events in United States, we expect 6A to trend downwards right now. Based on these past events there is a 71.43% chance of this. We expect 6A to trend downwards for the next 4 hours because the released value is > 72. A price movement of 0 pips is expected.
Historical events that allowed us to draw this conclusion
12 Jun 14:00 |
15 May 14:00 |
13 Mar 14:00 |
14 Feb 15:00 |
11 Oct 14:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).