US ISM Non-Manuf Composite

Fx News Spike Signals by Crazy Cat, 2018/02/05

Release Time: 10:00 New York time (EST)
Primary currency pair: USD/JPY
Forecast: 56.7
Prior: 55.9
LT1 (Lower Trigger 1): -2.5 [SELL]
UT1 (Upper Trigger 1): +2.5 [BUY]

If US ISM Non-Manuf Composite comes out at 54.2 or less ( -2.5 trigger), USD/JPY should go down by about 15 pips or more. If it comes out at 59.2 or better ( +2.5 trigger), USD/JPY should go up by about 15 pips or better.

Based on 52 estimates, median estimate is 56.7 and the average estimate is 55.9. The highest estimate is 57.5 (four estimates), and then 57.2 (three estimates), 57.1 (one vote), 57.0 (15 estimates), 56.9 (one vote), and 56.7 (four votes).

The lowest estimate is 55.0 (one vote), then 55.4 (one estimate), then 55.5 (two votes), 55.6 (one vote), 55.8 (two votes), 56.0 (six votes), 56.2 (three votes), 56.3 (one vote), 56.4 (one vote), 56.5 (four estimates), and finally 56.6 (two estimates).

One standard deviation is +/- 0.60, same as last time.

Don't expect huge spikes with this report but I think it's worthy to give a try. Please browse historic charts to see what to expect. As far as I can see, if it deviates really well, we actually have quite nice spikes.

Forex news history and charts

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