Based on the last 12 Continuing Jobless Claims events in United States, we expect DX to trend downwards later today. Based on these past events there is a 75% chance of this. We expect DX to trend downwards 48 hours following the event release at 24 Sep 12:30 if the released value is > 12300K. A price movement of 98 pips is expected.
Historical events that allowed us to draw this conclusion
27 Aug 12:30 |
02 Jul 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
