Based on the last 12 Unemployment Change events in Germany, we expect AUDUSD to trend upwards later today. Based on these past events there is a 66.67% chance of this. We expect AUDUSD to trend upwards 2 hours following the event release at 01 Feb 08:55 if the released value is < -6K. A price movement of 12 pips is expected. Historical events that allowed us to draw this conclusion
04 Jan 08:55 |
30 Nov 08:55 |
29 Jul 07:55 |
31 Mar 07:55 |
29 Jan 08:55 |
05 Jan 08:55 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
