Based on the last 12 Continuing Jobless Claims events in United States, we expect a 25 pip movement on NG within 48 hours following the event release at 26 Dec 13:30 UTC. We expect NG to trend upwards 48 hours following the event release at 26 Dec 13:30 UTC if the released value is > 1691K
Historical events that allowed us to draw this conclusion
21 Nov 13:30 |
31 Oct 12:30 |
24 Oct 12:30 |
10 Oct 12:30 |
03 Oct 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
