Based on the last 12 Adp Employment Change events in United States, we expect USDJPY to trend upwards later today. Based on these past events there is a 66.67% chance of this. We expect USDJPY to trend upwards 2 hours following the event release at 02 Mar 13:15 if the released value is > 388K. A price movement of 20 pips is expected.
Historical events that allowed us to draw this conclusion
05 Jan 13:15 |
01 Dec 13:15 |
30 Jun 12:15 |
03 Jun 12:15 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
