Based on the last 12 Continuing Jobless Claims events in United States, we expect 6E to trend upwards later today. Based on these past events there is a 75% chance of this. We expect 6E to trend upwards 48 hours following the event release at 23 Apr 12:30 if the released value is > 16476K. A price movement of 1 pips is expected.
Historical events that allowed us to draw this conclusion
26 Mar 12:30 |
27 Feb 13:30 |
20 Feb 13:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).