We expect C to trend downwards for the next 2 hours. Based on these past United States ISM Non-Manufacturing PMI news events there is a 83.33% chance of this. We expect this to happen because the released value is < 55.1. A price movement of 96987 pips is expected. Historical events that allowed us to draw this conclusion
03 Jun 14:00 |
04 May 14:00 |
05 Apr 14:00 |
06 Jan 15:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
