Based on the last 12 Unemployment Rate events in United Kingdom, we expect NQ to trend downwards later today. Based on these past events there is a 66.67% chance of this. We expect NQ to trend downwards 4 hours following the event release at 15 Mar 07:00 if the released value is < 4%. A price movement of 13,100 pips is expected. Historical events that allowed us to draw this conclusion
18 Jan 07:00 |
16 Nov 07:00 |
17 Aug 06:00 |
20 Apr 06:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
