We expect a $16,560,375 movement on NKD within 12 hours following the release of Adp Employment Change at 30 Mar 12:15. We expect NKD to trend upwards 12 hours following the event release at 30 Mar 12:15 if the released value is > 450K. A price movement of 59,250 pips is expected.
Historical events that allowed us to draw this conclusion
02 Mar 13:15 |
03 Nov 12:15 |
06 Oct 12:15 |
30 Jun 12:15 |
03 Jun 12:15 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
