Based on past United States Continuing Jobless Claims news events there is a 80% chance of HG trending downwards. We expect this to happen if the released value is < 1723K. A price movement of 2 pips is expected. Historical events that allowed us to draw this conclusion
05 Mar 13:30 |
30 Jan 13:30 |
23 Jan 13:30 |
16 Jan 13:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).