Based on the last 12 Continuing Jobless Claims events in United States, we expect EURUSD to trend downwards later today. Based on these past events there is a 71.43% chance of this. We expect EURUSD to trend downwards 4 hours following the event release at 13 Jan 13:30 if the released value is < 1733K. A price movement of 35 pips is expected. Historical events that allowed us to draw this conclusion
30 Dec 13:30 |
16 Dec 13:30 |
02 Dec 13:30 |
04 Nov 12:30 |
21 Oct 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
