We expect a $31,552,755 movement on YM within the next 2 hours. We expect YM to trend downwards 2 hours following the Michigan Consumer Sentiment Prel events in United States release because the released value is > 75. A price movement of 113,950 pips is expected.
Historical events that allowed us to draw this conclusion
|12 Jun 14:00|
|15 May 14:00|
|13 Mar 14:00|
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).