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US Non Farm Payrolls News Event – a possible $100 movement on EURUSD

US Non Farm Payrolls News Event – a possible $100 movement on EURUSD

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”)

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