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We expect ZW to trend downwards right now.

Based on past Canada Ivey PMI s.a news events there is a 80% chance of ZW trending downwards. We expect this to happen because the released value is > 52.4. A price movement of 662 pips is expected.

Historical events that allowed us to draw this conclusion

06 Dec 15:00
07 Sep 14:00
06 Apr 14:00
06 Feb 15:00

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).

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El FRA40 ha atravesado una línea de soporte. Ha entrado en contacto con esta línea en numerosas ocasiones en los últimos 31 días.

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Esperamos que el UB comience su tendencia downwards ahora mismo.

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