Based on the last 12 ISM Manufacturing PMI events in United States, we expect a 125,850 pip movement on YM within 48 hours following the event release at 05 Jan 15:00 UTC. We expect YM to trend upwards 48 hours following the event release at 05 Jan 15:00 UTC if the released value is > 56.6
Historical events that allowed us to draw this conclusion
02 Nov 15:00 |
01 Sep 14:00 |
03 Aug 14:00 |
01 May 14:00 |
03 Feb 15:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
