Based on the last 12 Philadelphia Fed Manufacturing Index events in United States, we expect EURUSD to trend downwards later today. Based on these past events there is a 80% chance of this. This may happen if the released value is < 21 Historical events that allowed us to draw this conclusion

21 May 22:30	16 Apr 22:30
20 Dec 00:30

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