Based on the last 12 Unemployment Change events in Germany, we expect a $680 movement on NZDUSD within 48 hours following the event release at 30 Sep 07:55. We expect NZDUSD to trend downwards 48 hours following the event release at 30 Sep 07:55 if the released value is < 5K Historical events that allowed us to draw this conclusion
31 Jul 07:55 |
30 Apr 07:55 |
01 Mar 08:55 |
28 Sep 07:55 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).