We expect a $154.696 movement on KC within 2 hours following the release of Ivey PMI s.a at 05 Feb 15:00. We expect KC to trend upwards 2 hours following the event release at 05 Feb 15:00 if the released value is > 47. A price movement of 122 pips is expected.
Historical events that allowed us to draw this conclusion
06 Nov 15:00 |
07 Jul 14:00 |
05 Jun 14:00 |
07 Feb 15:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).