Based on the last 12 ISM Manufacturing PMI events in United States, we expect a 0 pip movement on 6S within 12 hours following the event release at 01 Jun 14:00 UTC. We expect 6S to trend upwards 12 hours following the event release at 01 Jun 14:00 UTC if the released value is < 43 Historical events that allowed us to draw this conclusion
03 Jan 15:00 |
02 Dec 15:00 |
01 Nov 14:00 |
01 Oct 14:00 |
03 Sep 14:00 |
01 Aug 14:00 |
03 Jun 14:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
