We expect AUDUSD to trend downwards for the next 12 hours. Based on these past United States Philadelphia Fed Manufacturing Index news events there is a 80% chance of this. We expect this to happen because the released value is < 25. A price movement of 17 pips is expected. Historical events that allowed us to draw this conclusion

19 Aug 22:30	15 Jul 22:30
17 Jun 22:30	18 Dec 00:30

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