We expect CC to trend downwards for the next 48 hours. Based on these past United States Continuing Jobless Claims news events there is a 83.33% chance of this. We expect this to happen because the released value is < 1345K. A price movement of 7950 pips is expected. Historical events that allowed us to draw this conclusion
22 Sep 12:30 |
15 Sep 12:30 |
25 Aug 12:30 |
18 Aug 12:30 |
28 Jul 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
