Based on past United States Non Farm Payrolls news events there is a 85.71% chance of KC trending upwards. We expect this to happen if the released value is < 400K. A price movement of 577 pips is expected. Historical events that allowed us to draw this conclusion
03 Dec 13:30 |
08 Oct 12:30 |
03 Sep 12:30 |
04 Jun 12:30 |
07 May 12:30 |
08 Jan 13:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
