We expect NQ to trend upwards for the next 4 hours. Based on these past United States Non Farm Payrolls news events there is a 66.67% chance of this. We expect this to happen because the released value is < 650K. A price movement of 5,662 pips is expected. Historical events that allowed us to draw this conclusion
07 May 12:30 |
05 Feb 13:30 |
08 Jan 13:30 |
04 Dec 13:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
