Based on the last 12 Continuing Jobless Claims events in United States, we expect AUDUSD to trend downwards later today. Based on these past events there is a 71.43% chance of this. We expect AUDUSD to trend downwards 12 hours following the event release at 11 Jul 12:30 if the released value is < 1685K. A price movement of 12 pips is expected. Historical events that allowed us to draw this conclusion
20 Jun 12:30 |
06 Jun 12:30 |
30 May 12:30 |
16 May 12:30 |
18 Apr 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
