Based on the last 12 Continuing Jobless Claims events in United States, we expect ED to trend upwards later today. Based on these past events there is a 80% chance of this. We expect ED to trend upwards 4 hours following the event release at 12 Sep 12:30 if the released value is > 1690K. A price movement of 3 pips is expected.
Historical events that allowed us to draw this conclusion
15 Aug 12:30 |
01 Aug 12:30 |
03 Jul 12:30 |
27 Jun 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
