We expect SI to trend downwards later today. Based on these past United States Adp Employment Change news events there is a 80% chance of this. We expect this to happen if the released value is > 177K. A price movement of 34 pips is expected.
Historical events that allowed us to draw this conclusion
03 Feb 13:15 |
03 Jun 12:15 |
01 Apr 12:15 |
04 Mar 13:15 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
