We expect CL to trend downwards later today. Based on these past United States Continuing Jobless Claims news events there is a 66.67% chance of this. We expect this to happen if the released value is < 1678K. A price movement of 277 pips is expected. Historical events that allowed us to draw this conclusion
27 Nov 13:30 |
14 Nov 13:30 |
26 Sep 12:30 |
19 Sep 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
