Based on the last 12 Non Farm Payrolls events in United States, we expect a 52 pip movement on EURUSD for the next 12 hours. We expect EURUSD to trend upwards for 12 hours because the released value is < 145K Historical events that allowed us to draw this conclusion
07 Jun 12:30 |
08 Mar 13:30 |
07 Dec 13:30 |
05 Oct 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
