Based on the last 12 Continuing Jobless Claims events in United States, we expect 6M to trend downwards later today. Based on these past events there is a 75% chance of this. We expect 6M to trend downwards 12 hours following the event release at 06 Jan 13:30 if the released value is > 1688K. A price movement of 0 pips is expected.
Historical events that allowed us to draw this conclusion
09 Dec 13:30 |
24 Nov 13:30 |
10 Nov 13:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
