Based on the last 12 Adp Employment Change events in United States, we expect BO to trend upwards right now. Based on these past events there is a 75% chance of this. We expect BO to trend upwards for the next 48 hours because the released value is < 695K. A price movement of 316 pips is expected. Historical events that allowed us to draw this conclusion
05 May 12:15 |
31 Mar 12:15 |
03 Mar 13:15 |
02 Dec 13:15 |
04 Nov 13:15 |
02 Sep 12:15 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
