TradersNews 87.5% probability that AUDUSD will trend down on Monday 06 Jul at 02:00 PM GMT if the US ISM Non-Manufacturing PMI number is greater than 50.1.

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  • TradersNews 87.5% probability that AUDUSD will trend down on Monday 06 Jul at 02:00 PM GMT if the US ISM Non-Manufacturing PMI number is greater than 50.1.

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This Monday 06 Jul at 02:00 PM GMT the latest US ISM Non-Manufacturing PMI number will be released.
If the number is greater than than economists’ consensus there is a 87.5% probability that AUDUSD will trend down following the news event.

This probability is based on the last 12 US ISM Non-Manufacturing PMI events, in which 7 of the last 8 events where the actual number was greater than than the economist consensus resulted in an down trend of AUDUSD.

Here are images of the past events:

Tuesday 05 May at 02:00 PM GMT:

Friday 03 Apr at 02:00 PM GMT:

Wednesday 04 Mar at 03:00 PM GMT:

Wednesday 05 Feb at 03:00 PM GMT:

Tuesday 07 Jan at 03:00 PM GMT:

Tuesday 05 Nov at 03:00 PM GMT:

Thursday 05 Sep at 02:00 PM GMT:

Disclaimer: Past performance may not be indicative of future performance

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