We expect a $204 movement on KC within the next 2 hours. We expect KC to trend upwards 2 hours following the ISM Non-Manufacturing PMI events in United States release because the released value is < 55. A price movement of 204 pips is expected. Historical events that allowed us to draw this conclusion
05 Aug 14:00 |
03 Jul 14:00 |
03 Apr 14:00 |
07 Jan 15:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).