Based on the last 12 Non Farm Payrolls events in United States, we expect CC to trend downwards later today. Based on these past events there is a 75% chance of this. We expect CC to trend downwards 4 hours following the event release at 07 Aug 12:30 if the released value is < 1600K. A price movement of 4,650 pips is expected. Historical events that allowed us to draw this conclusion
03 Apr 12:30 |
10 Jan 13:30 |
04 Oct 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
