Based on the last 12 ISM Manufacturing PMI events in United States, we expect EURUSD to trend upwards. Based on these past events there is a 75% chance of this. We expect EURUSD to trend upwards for 2 hours because the released value is > 58. A price movement of 21 pips is expected.
Historical events that allowed us to draw this conclusion
01 Dec 15:00 |
01 Nov 14:00 |
01 Sep 14:00 |
01 Jun 14:00 |
01 Apr 14:00 |
01 Mar 15:00 |