Based on the last 12 Non Farm Payrolls events in United States, we expect AUDUSD to trend upwards right now. Based on these past events there is a 80% chance of this. We expect AUDUSD to trend upwards for the next 12 hours because the released value is > 150K. A price movement of 41 pips is expected.
Historical events that allowed us to draw this conclusion
05 Nov 12:30 |
02 Jul 12:30 |
02 Apr 12:30 |
05 Mar 13:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
