Based on the last 12 Non Farm Payrolls events in United States, we expect GC to trend downwards later today. Based on these past events there is a 66.67% chance of this. We expect GC to trend downwards 2 hours following the event release at 04 Jun 12:30 if the released value is < 650K. A price movement of 2,950 pips is expected. Historical events that allowed us to draw this conclusion
08 Jan 13:30 |
04 Dec 13:30 |
02 Oct 12:30 |
04 Sep 12:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
