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We expect EURUSD to trend upwards today with a 83.33% chance.

Based on the last 12 Employment Change events in Australia, we expect EURUSD to trend upwards later today. Based on these past events there is a 83.33% chance of this. We expect EURUSD to trend upwards 12 hours following the event release at 2023-05-18 01:30 if the released value is < 25K. A price movement of 67 pips is expected. Historical events that allowed us to draw this conclusion

16 Feb 00:30
19 Jan 00:30
20 Oct 00:30
15 Sep 01:30
19 May 01:30

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).

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Esperamos un movimiento de 372 pips en el LE dentro de unas 48 horas posteriores a la publicación del evento.

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We expect S to trend upwards today with a 83.33% chance.

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