Based on the last 12 Philadelphia Fed Manufacturing Index events in United States, we expect AUDUSD to trend upwards later today. Based on these past events there is a 66.67% chance of this. We expect AUDUSD to trend upwards 2 hours following the event release at 18 Jun 12:30 if the released value is > -23. A price movement of 9 pips is expected.
Historical events that allowed us to draw this conclusion
20 Feb 13:30 |
19 Sep 12:30 |
15 Aug 12:30 |
18 Jul 12:30 |