We expect a $1050 movement on EURUSD within 48 hours following the release of Continuing Jobless Claims at 2023-03-23 12:30. We expect EURUSD to trend upwards 48 hours following the event release at 2023-03-23 12:30 if the released value is > 1680.0K. A price movement of 105 pips is expected.
Historical events that allowed us to draw this conclusion
09 Mar 13:30 |
26 Jan 13:30 |
29 Dec 13:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
