Based on the last 12 Employment Change events in Australia, we expect AC to trend upwards right now. Based on these past events there is a 75% chance of this. We expect AC to trend upwards for the next 12 hours because the released value is > 10K. A price movement of 11 pips is expected.
Historical events that allowed us to draw this conclusion
23 Jan 00:30 |
19 Dec 00:30 |
19 Sep 01:30 |
15 Aug 01:30 |
13 Jun 01:30 |
16 May 01:30 |
18 Apr 01:30 |
21 Feb 00:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
