Based on the last 12 Continuing Jobless Claims events in United States, we expect UB to trend downwards. Based on these past events there is a 75% chance of this. We expect UB to trend downwards for 4 hours because the released value is > 1688K. A price movement of 165 pips is expected.
Historical events that allowed us to draw this conclusion
23 Dec 13:30 |
09 Dec 13:30 |
10 Nov 13:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
