We expect a $1366 movement on SM within the next 2 hours. We expect SM to trend downwards 2 hours following the Inflation Rate MoM events in United States release because the released value is > 0.3%. A price movement of 48 pips is expected.
Historical events that allowed us to draw this conclusion
12 Feb 13:30 |
15 Jan 13:30 |
10 Oct 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
