We expect 6M to trend upwards for the next 12 hours. Based on these past United States Non Farm Payrolls news events there is a 83.33% chance of this. We expect this to happen because the released value is > 175K. A price movement of 0 pips is expected.
Historical events that allowed us to draw this conclusion
06 Dec 13:30 |
01 Nov 12:30 |
05 Jul 12:30 |
03 May 12:30 |
05 Apr 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
