We expect a $8.777 movement on DX within the next 2 hours. We expect DX to trend downwards 2 hours following the Adp Employment Change events in United States release because the released value is < 3000K. A price movement of 9 pips is expected. Historical events that allowed us to draw this conclusion
04 Dec 13:15 |
02 Oct 12:15 |
03 Jul 12:15 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).