We expect a $47.212 movement on ZN within the next 12 hours. We expect ZN to trend downwards 12 hours following the Continuing Jobless Claims events in United States release because the released value is > 20000K. A price movement of 34 pips is expected.
Historical events that allowed us to draw this conclusion
04 Jun 12:30 |
21 May 12:30 |
26 Mar 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).