We expect AUDUSD to trend downwards later today. Based on these past United States Continuing Jobless Claims news events there is a 75% chance of this. We expect this to happen if the released value is < 1677K. A price movement of 54 pips is expected. Historical events that allowed us to draw this conclusion
12 Jan 13:30 |
05 Jan 13:30 |
22 Dec 13:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
