Based on the last 12 Adp Employment Change events in United States, we expect S to trend upwards later today. Based on these past events there is a 87.5% chance of this. We expect S to trend upwards 48 hours following the event release at 31 Mar 12:15 if the released value is < 550K. A price movement of 4,900 pips is expected. Historical events that allowed us to draw this conclusion
03 Mar 13:15 |
06 Jan 13:15 |
02 Dec 13:15 |
04 Nov 13:15 |
02 Sep 12:15 |
01 Jul 12:15 |
06 May 12:15 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
