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We expect NG to trend upwards for the next 12 hours.

We expect NG to trend upwards for the next 12 hours. Based on these past Euro Area Unemployment Rate news events there is a 66.67% chance of this. We expect this to happen because the released value is < 8%. A price movement of 3 pips is expected. Historical events that allowed us to draw this conclusion

02 Jul 09:00
03 Jun 09:00
30 Apr 09:00

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

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There is a 71.43% chance of 6E trending upwards

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