Based on the last 12 ISM Non-Manufacturing PMI events in United States, we expect 6E to trend upwards later today. Based on these past events there is a 77.78% chance of this. We expect 6E to trend upwards 4 hours following the event release at 06 Jan 15:00 if the released value is > 66.9. A price movement of 0 pips is expected.
Historical events that allowed us to draw this conclusion
03 Dec 15:00 |
03 Nov 14:00 |
05 Oct 14:00 |
03 Sep 14:00 |
05 Apr 14:00 |
03 Feb 15:00 |
07 Jan 15:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
