We expect OJ to trend downwards for the next 12 hours. Based on these past United States Continuing Jobless Claims news events there is a 80% chance of this. We expect this to happen because the released value is < 4490K. A price movement of 335 pips is expected. Historical events that allowed us to draw this conclusion
28 Jan 13:30 |
21 Jan 13:30 |
14 Jan 13:30 |
07 Jan 13:30 |
31 Dec 13:30 |
17 Dec 13:30 |
03 Dec 13:30 |
19 Nov 13:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
