Based on the last 12 Continuing Jobless Claims events in United States, we expect RB to trend upwards later today. Based on these past events there is a 71.43% chance of this. We expect RB to trend upwards 48 hours following the event release at 05 Mar 13:30 if the released value is > 1733K. A price movement of 5 pips is expected.
Historical events that allowed us to draw this conclusion
06 Feb 13:30 |
09 Jan 13:30 |
02 Jan 13:30 |
26 Dec 13:30 |
19 Dec 13:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
