We expect a $35.154 movement on CL within the next 4 hours.

We expect a $35.154 movement on CL within the next 4 hours. We expect CL to trend upwards 4 hours following the Continuing Jobless Claims events in United States release because the released value is < 2775K. A price movement of 51 pips is expected. Historical events that allowed us to draw this conclusion

12 Aug 12:30

05 Aug 12:30

15 Jul 12:30

24 Jun 12:30

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).