Based on the last 12 ISM Manufacturing PMI events in United States, we may expect EURUSD to trend upwards right now. Based on these past events there is a 85.71% chance of this. We made this conclusion because the released value is < 49.6. A price movement of 59 pips may be experienced. Historical events that allowed us to draw this conclusion
01 May 14:00 |
01 Mar 15:00 |
01 Dec 15:00 |
01 Nov 14:00 |
01 Aug 14:00 |
01 Jun 14:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
