Based on the last 12 ISM Manufacturing PMI events in United States, we expect EURUSD to trend upwards later today. Based on these past events there is a 83.33% chance of this. We expect EURUSD to trend upwards 2 hours following the event release at 02 Nov 15:00 if the released value is < 55.8. A price movement of 28 pips is expected. Historical events that allowed us to draw this conclusion
01 Oct 14:00 |
02 Mar 15:00 |
03 Jan 15:00 |
02 Dec 15:00 |
01 Nov 14:00 |