Based on the last 12 Adp Employment Change events in United States, we expect DX to trend upwards later today. Based on these past events there is a 66.67% chance of this. We expect DX to trend upwards 2 hours following the event release at 08 Jan 13:15 if the released value is > 160K. A price movement of 9 pips is expected.
Historical events that allowed us to draw this conclusion
30 Oct 12:15 |
05 Sep 12:15 |
31 Jul 12:15 |
30 Jan 13:15 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
