Based on past United States Continuing Jobless Claims news events there is a 83.33% chance of KC trending upwards. We expect this to happen because the released value is > 1400K. A price movement of 544 pips is expected.
Historical events that allowed us to draw this conclusion
08 Sep 12:30 |
11 Aug 12:30 |
21 Jul 12:30 |
07 Jul 12:30 |
30 Jun 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
