Based on the last 12 Adp Employment Change events in United States, we expect DX to trend upwards. Based on these past events there is a 75% chance of this. We expect DX to trend upwards for 2 hours because the released value is > 525K. A price movement of 31 pips is expected.
Historical events that allowed us to draw this conclusion
03 Nov 12:15 |
06 Oct 12:15 |
30 Jun 12:15 |
03 Jun 12:15 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
