Based on past United States Non Farm Payrolls news events there is a 70% chance of CRD trending downwards. We expect this to happen if the released value is > 200K. A price movement of 793 pips is expected.
Historical events that allowed us to draw this conclusion
02 Dec 13:30 |
04 Nov 12:30 |
07 Oct 12:30 |
02 Sep 12:30 |
08 Jul 12:30 |
06 May 12:30 |
04 Feb 13:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
