Based on the last 12 Michigan Consumer Sentiment Prel events in United States, we expect ED to trend downwards later today. Based on these past events there is a 75% chance of this. We expect ED to trend downwards 4 hours following the event release at 09 Apr 14:00 if the released value is < 75. A price movement of 0 pips is expected. Historical events that allowed us to draw this conclusion
08 Nov 15:00 |
19 Jul 14:00 |
14 Jun 14:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
