Based on past United States Non Farm Payrolls news events there is a 71.43% chance of 6M trending upwards. We expect this to happen if the released value is < 700K. A price movement of 0 pips is expected. Historical events that allowed us to draw this conclusion
04 Jun 12:30 |
07 May 12:30 |
05 Feb 13:30 |
04 Dec 13:30 |
02 Oct 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
