Based on past United States Continuing Jobless Claims news events there is a 66.67% chance of SP trending upwards. We expect this to happen because the released value is > 1653K. A price movement of 1,740 pips is expected.
Historical events that allowed us to draw this conclusion
03 Oct 12:30 |
15 Aug 12:30 |
01 Aug 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).