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There is a 66.67% chance of SP trending upwards

Based on past United States Continuing Jobless Claims news events there is a 66.67% chance of SP trending upwards. We expect this to happen because the released value is > 1653K. A price movement of 1,740 pips is expected.

Historical events that allowed us to draw this conclusion

03 Oct 12:30
15 Aug 12:30
01 Aug 12:30

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).

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Be very careful of upcoming volatility. We expect a $620 movement on AUDUSD.

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We expect HE to trend upwards for the next 12 hours.

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