Based on the last 12 Non Farm Payrolls events in US, we expect a $100 movement on EURUSD within the next 2 hours.
We expect EURUSD to trend down for 2 hours because the released value is > 185K
Historical events that allowed us to draw this conclusion
05 Apr 12:30 |
01 Feb 13:30 |
04 Jan 13:30 |
02 Nov 12:30 |
07 Sep 12:30 |
01 Jun 12:30 |
* All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”)
