We expect YM to trend upwards for the next 2 hours. Based on these past United States Continuing Jobless Claims news events there is a 75% chance of this. We expect this to happen because the released value is < 1438K. A price movement of 16150 pips is expected. Historical events that allowed us to draw this conclusion
25 Aug 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
