We expect a $0.293 movement on NG within 12 hours following the release of Employment Change at 17 Jun 01:30. We expect NG to trend downwards 12 hours following the event release at 17 Jun 01:30 if the released value is > 30K. A price movement of 9 pips is expected.
Historical events that allowed us to draw this conclusion
15 Apr 01:30 |
18 Mar 00:30 |
17 Dec 00:30 |
19 Nov 00:30 |
17 Sep 01:30 |
13 Aug 01:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
