Based on the last 12 Employment Change events in Australia, we expect 6A to trend downwards later today. Based on these past events there is a 71.43% chance of this. We expect 6A to trend downwards 2 hours following the event release at 23 Jan 00:30 if the released value is > 15K. A price movement of 0 pips is expected.
Historical events that allowed us to draw this conclusion
19 Sep 01:30 |
13 Jun 01:30 |
16 May 01:30 |
21 Feb 00:30 |
24 Jan 00:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
