Based on the last 12 Continuing Jobless Claims events in United States, we expect NIY to trend downwards. Based on these past events there is a 70% chance of this. We expect NIY to trend downwards for 12 hours because the released value is < 4700K. A price movement of 23,000 pips is expected. Historical events that allowed us to draw this conclusion
21 Jan 13:30 |
14 Jan 13:30 |
31 Dec 13:30 |
17 Dec 13:30 |
03 Dec 13:30 |
19 Nov 13:30 |
12 Nov 13:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
