Based on the last 12 Adp Employment Change events in United States, we expect a 0 pip movement on 6C for the next 12 hours. We expect 6C to trend upwards for 12 hours because the released value is > 49K
Historical events that allowed us to draw this conclusion
30 Sep 12:15 |
03 Jun 12:15 |
01 Apr 12:15 |
05 Feb 13:15 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).