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We expect NZDUSD to trend upwards today with a 75% chance.

Based on the last 12 Employment Change events in Australia, we expect NZDUSD to trend upwards later today. Based on these past events there is a 75% chance of this. We expect NZDUSD to trend upwards 48 hours following the event release at 15 Aug 01:30 if the released value is < 14K. A price movement of 39 pips is expected. Historical events that allowed us to draw this conclusion

18 Jul 01:30
18 Oct 00:30
16 Aug 01:30

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

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USD/JPY Target Level: 105.5500

USD/JPY Target Level: 105.5500

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We expect GBPUSD to trend upwards today with a 66.67% chance.

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