Based on the last 12 Employment Change events in Australia, we expect a 115,050 pip movement on YM for the next 4 hours. We expect YM to trend downwards for 4 hours because the released value is > -30K
Historical events that allowed us to draw this conclusion
15 Oct 00:30 |
17 Sep 01:30 |
16 Jul 01:30 |
19 Mar 00:30 |
20 Feb 00:30 |
19 Dec 00:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
