We expect a $5657 movement on ZO within 48 hours following the release of Ivey PMI s.a at 2025-02-06 15:00. We expect ZO to trend upwards 48 hours following the event release at 2025-02-06 15:00 if the released value is > 53.0. A price movement of 62 pips is expected.
Historical events that allowed us to draw this conclusion
04 Oct 14:00 |
07 May 14:00 |
05 Apr 14:00 |
06 Feb 15:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).