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There is a 66.67% chance of DX trending downwards

Based on past United States Continuing Jobless Claims news events there is a 66.67% chance of DX trending downwards. We expect this to happen if the released value is < 1680K. A price movement of 18 pips is expected. Historical events that allowed us to draw this conclusion

22 Aug 12:30
08 Aug 12:30
20 Jun 12:30
06 Jun 12:30

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

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We expect LE to trend downwards today with a 83.33% chance.

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We expect a 0 pip movement on BR within 4 hours following the event release.

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