Based on the last 12 Continuing Jobless Claims events in US, we expect a $250 movement on EURUSD within the next 4 hours.
We expect EURUSD to trend down for the next 4 hours because the released value is < 1720K
Historical events that allowed us to draw this conclusion
11 Apr 12:30 |
04 Apr 12:30 |
21 Mar 12:30 |
14 Mar 12:30 |
07 Mar 13:30 |
21 Feb 13:30 |
31 Jan 13:30 |
24 Jan 13:30 |
* All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”)
