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We expect S to trend upwards today with a 83.33% chance.

Based on past Australia Employment Change news events there is a 83.33% chance of S trending upwards. We expect this to happen if the released value is < 25K. A price movement of 1412 pips is expected. Historical events that allowed us to draw this conclusion

19 Jan 00:30
20 Oct 00:30
18 Aug 01:30
19 May 01:30

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

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We expect EURUSD to trend upwards today with a 83.33% chance.

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USD/JPY has broken through support of a Channel Up. It has touched this line at least twice in the last 3 days.

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