Based on past United States Non Farm Payrolls news events there is a 80% chance of CC trending downwards. We expect this to happen if the released value is < 160K. A price movement of 222 pips is expected. Historical events that allowed us to draw this conclusion
07 Feb 13:30 |
01 Nov 12:30 |
02 Aug 12:30 |
03 May 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
