Based on the last 12 Employment Change events in Australia, we expect a 1 pip movement on ED within 4 hours following the event release at 19 Sep 01:30 UTC. We expect ED to trend upwards 4 hours following the event release at 19 Sep 01:30 UTC if the released value is > 10K
Historical events that allowed us to draw this conclusion
15 Aug 01:30 |
13 Jun 01:30 |
18 Apr 01:30 |
21 Feb 00:30 |
24 Jan 00:30 |
20 Dec 00:30 |
15 Nov 00:30 |
13 Sep 01:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
