Based on past United States Adp Employment Change news events there is a 71.43% chance of NKD trending upwards. We expect this to happen if the released value is < 49K. A price movement of 98,250 pips is expected. Historical events that allowed us to draw this conclusion
06 Jan 13:15 |
02 Dec 13:15 |
04 Nov 13:15 |
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”).