Based on the last 12 Adp Employment Change events in United States, we expect a 472 pip movement on HE within 12 hours following the event release at 06 Oct 12:15 UTC. We expect HE to trend downwards 12 hours following the event release at 06 Oct 12:15 UTC if the released value is < 428K Historical events that allowed us to draw this conclusion
04 Aug 12:15 |
06 Jan 13:15 |
02 Dec 13:15 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).