Based on the last 12 Continuing Jobless Claims events in United States, we expect CC to trend downwards later today. Based on these past events there is a 87.5% chance of this. We expect CC to trend downwards 4 hours following the event release at 03 Jun 12:30 if the released value is > 3615K. A price movement of 2,550 pips is expected.
Historical events that allowed us to draw this conclusion
20 May 12:30 |
06 May 12:30 |
29 Apr 12:30 |
15 Apr 12:30 |
08 Apr 12:30 |
01 Apr 12:30 |
18 Mar 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
