Based on the last 12 Unemployment Rate events in France, we expect HG to trend downwards right now. Based on these past events there is a 71.43% chance of this. We expect HG to trend downwards for the next 48 hours because the released value is < 8.5%. A price movement of 10 pips is expected. Historical events that allowed us to draw this conclusion
14 Aug 05:30 |
16 May 05:30 |
14 Aug 05:30 |
15 Feb 06:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
