Based on the last 12 Michigan Consumer Sentiment Prel events in United States, we expect a 49 pip movement on EURUSD within 2 hours following the event release at 11 Dec 15:00 UTC. We expect EURUSD to trend downwards 2 hours following the event release at 11 Dec 15:00 UTC if the released value is > 76.5
Historical events that allowed us to draw this conclusion
16 Oct 14:00 |
14 Aug 14:00 |
12 Jun 14:00 |
15 May 14:00 |
13 Mar 14:00 |
14 Feb 15:00 |
06 Dec 15:00 |