Based on the last 12 Non Farm Payrolls events in United States, we expect a 4 pip movement on HG for the next 12 hours. We expect HG to trend upwards for 12 hours because the released value is > 160K
Historical events that allowed us to draw this conclusion
06 Dec 13:30 |
01 Nov 12:30 |
05 Jul 12:30 |
05 Apr 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
