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We expect GF to trend downwards today with a 85.71% chance.

Based on the last 12 Continuing Jobless Claims events in United States, GF could trend downwards later today. Based on these past events there is a 85.71% chance of this. If the released value is < 1315K we could see GF trend downwards 2 hours following the event release at 23 Jun 12:30. Historical events that allowed us to draw this conclusion

19 May 12:30
12 May 12:30
05 May 12:30
14 Apr 12:30
31 Mar 12:30

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).

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After testing 1.0543 numerous times, EUR/USD is once again approaching this price point. Can we expect a bullish trend to follow?

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