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There is a 66.67% chance of SI trending downwards

Based on past United States Continuing Jobless Claims news events there is a 66.67% chance of SI trending downwards. We expect this to happen because the released value is > 7700K. A price movement of 19 pips is expected.

Historical events that allowed us to draw this conclusion

10 Sep 12:30
27 Aug 12:30

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).

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We expect a $8.912 movement on SI within 4 hours following the event release at 29 Oct 12:45.

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