Based on the last 12 Non Farm Payrolls events in United States, we expect DX to trend upwards right now. Based on these past events there is a 87.5% chance of this. We expect DX to trend upwards for the next 2 hours because the released value is > 600K. A price movement of 45 pips is expected.
Historical events that allowed us to draw this conclusion
07 Aug 12:30 |
02 Jul 12:30 |
05 Jun 12:30 |
08 May 12:30 |
06 Mar 13:30 |
07 Feb 13:30 |
06 Dec 13:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
