Based on the last 12 Continuing Jobless Claims events in United States, we expect RTY to trend upwards later today. Based on these past events there is a 70% chance of this. We expect RTY to trend upwards 48 hours following the event release at 2022-12-29 13:30 if the released value is > 1686K. A price movement of 6785 pips is expected.
Historical events that allowed us to draw this conclusion
23 Nov 13:30 |
17 Nov 13:30 |
10 Nov 13:30 |
03 Nov 12:30 |
27 Oct 12:30 |
20 Oct 12:30 |
13 Oct 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
