We expect a $5878495 movement on YM within the next 4 hours. We expect YM to trend downwards 4 hours following the Non Farm Payrolls events in United States release because the released value is > 300K. A price movement of 18550 pips is expected.
Historical events that allowed us to draw this conclusion
05 Aug 12:30 |
08 Jul 12:30 |
03 Jun 12:30 |
06 May 12:30 |
04 Mar 13:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
