We expect CC to trend upwards later today. Based on these past United States Non Farm Payrolls news events there is a 72.73% chance of this. We expect this to happen if the released value is > 185K. A price movement of 3100 pips is expected.
Historical events that allowed us to draw this conclusion
06 Jan 13:30 |
02 Dec 13:30 |
04 Nov 12:30 |
07 Oct 12:30 |
02 Sep 12:30 |
08 Jul 12:30 |
04 Mar 13:30 |
04 Feb 13:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
