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We expect C to trend upwards today.

Based on the last 12 Continuing Jobless Claims events in United States, we expect C to trend upwards later today. Based on these past events there is a 85.71% chance of this. We expect C to trend upwards 4 hours following the event release at 29 Jul 12:30 if the released value is > 3196K. A price movement of 97,325 pips is expected.

Historical events that allowed us to draw this conclusion

22 Jul 12:30
20 May 12:30
06 May 12:30

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).

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