Based on the last 12 Non Farm Payrolls events in United States, we expect RB to trend upwards. Based on these past events there is a 75% chance of this. We expect RB to trend upwards for 48 hours because the released value is < 164K. A price movement of 7 pips is expected. Historical events that allowed us to draw this conclusion
06 Sep 12:30 |
07 Jun 12:30 |
08 Mar 13:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
