Based on past Euro Area Unemployment Rate news events there is a 83.33% chance of S trending upwards. We expect this to happen if the released value is < 7.4%. A price movement of 4,900 pips is expected. Historical events that allowed us to draw this conclusion
01 Jul 09:00 |
01 Jun 09:00 |
30 Apr 09:00 |
04 Mar 10:00 |
08 Jan 10:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
