We expect a $1750 movement on EURUSD within 48 hours following the release of Ivey PMI s.a at 2023-08-04 14:00. We expect EURUSD to trend upwards 48 hours following the event release at 2023-08-04 14:00 if the released value is < 52.7. A price movement of 175 pips is expected. Historical events that allowed us to draw this conclusion
07 Jul 14:00 |
06 Jun 14:00 |
04 May 14:00 |
06 Jan 15:00 |
04 Nov 14:00 |
05 Aug 14:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
