We expect a $3,158,800 movement on NKD within 4 hours following the release of Continuing Jobless Claims at 06 Feb 13:30. We expect NKD to trend downwards 4 hours following the event release at 06 Feb 13:30 if the released value is > 1720K. A price movement of 13,250 pips is expected.
Historical events that allowed us to draw this conclusion
09 Jan 13:30 |
02 Jan 13:30 |
05 Dec 13:30 |
21 Nov 13:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
