We expect HE to trend upwards later today. Based on these past United States Non Farm Payrolls news events there is a 80% chance of this. We expect this to happen if the released value is < 71K. A price movement of 403 pips is expected. Historical events that allowed us to draw this conclusion
04 Dec 13:30 |
02 Oct 12:30 |
04 Sep 12:30 |
03 Apr 12:30 |
10 Jan 13:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
