We expect a $5,923,650 movement on NKD within the next 12 hours. We expect NKD to trend upwards 12 hours following the Ivey PMI s.a events in Canada release because the released value is > 25. A price movement of 25,500 pips is expected.
Historical events that allowed us to draw this conclusion
07 Feb 15:00 |
05 Dec 15:00 |
06 Sep 14:00 |
07 Aug 14:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
