Based on the last 12 Adp Employment Change events in United States, we expect a 11 pip movement on HG for the next 48 hours. We expect HG to trend upwards for 48 hours because the released value is > 400K
Historical events that allowed us to draw this conclusion
06 Oct 12:15 |
03 Feb 13:15 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).