Based on the last 12 Non Farm Payrolls events in United States, we expect CC to trend upwards later today. Based on these past events there is a 75% chance of this. We expect CC to trend upwards 4 hours following the event release at 2023-12-08 13:30 if the released value is > 180K. A price movement of 7200 pips is expected.
Historical events that allowed us to draw this conclusion
06 Oct 12:30 |
02 Jun 12:30 |
05 May 12:30 |
03 Feb 13:30 |
06 Jan 13:30 |
02 Dec 13:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
