Based on the last 12 Employment Change events in Australia, we expect a 43,500 pip movement on NKD for the next 48 hours. We expect NKD to trend upwards for 48 hours because the released value is > 10K
Historical events that allowed us to draw this conclusion
15 Aug 01:30 |
13 Jun 01:30 |
16 May 01:30 |
21 Feb 00:30 |
24 Jan 00:30 |
15 Nov 00:30 |
13 Sep 01:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
