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We expect UB to trend downwards today with a 88.89% chance.

We expect UB to trend downwards later today. Based on these past United States Non Farm Payrolls news events there is a 88.89% chance of this. We expect this to happen if the released value is > 113K. A price movement of 22812 pips is expected.

Historical events that allowed us to draw this conclusion

04 Oct 12:30
05 Jul 12:30
07 Jun 12:30
05 Apr 12:30
08 Mar 13:30
02 Feb 13:30
05 Jan 13:30
08 Dec 13:30

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

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