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We expect a 12 pip movement on AUDUSD within 2 hours following the event release.

Based on the last 12 Unemployment Rate events in United States, we expect a 12 pip movement on AUDUSD within 2 hours following the event release at 02 Aug 12:30 UTC. We expect AUDUSD to trend upwards 2 hours following the event release at 02 Aug 12:30 UTC if the released value is = 3.7%

Historical events that allowed us to draw this conclusion

07 Jun 12:30
07 Dec 13:30
02 Nov 12:30
03 Aug 12:30

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).

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We expect a 29 pip movement on USDJPY within 12 hours following the event release.

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