We expect HG to trend downwards later today. Based on these past United States Adp Employment Change news events there is a 71.43% chance of this. We expect this to happen if the released value is > 1500K. A price movement of 0 pips is expected.
Historical events that allowed us to draw this conclusion
03 Jun 12:15 |
01 Apr 12:15 |
04 Mar 13:15 |
05 Feb 13:15 |
08 Jan 13:15 |
31 Jul 12:15 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
