Based on the last 12 ISM Manufacturing PMI events in United States, we expect AUDUSD to trend upwards later today. Based on these past events there is a 75% chance of this. We expect AUDUSD to trend upwards 4 hours following the event release at 2025-02-03 15:00 if the released value is > 49.8. A price movement of 41 pips is expected.
Historical events that allowed us to draw this conclusion
03 Jan 15:00 |
02 Dec 15:00 |
01 Feb 15:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
