Based on the last 12 Continuing Jobless Claims events in United States, we expect NG to trend upwards right now. Based on these past events there is a 85.71% chance of this. We expect NG to trend upwards for the next 12 hours because the released value is > 2650K. A price movement of 27 pips is expected.
Historical events that allowed us to draw this conclusion
|09 Sep 12:30|
|26 Aug 12:30|
|19 Aug 12:30|
|29 Jul 12:30|
|22 Jul 12:30|
|08 Jul 12:30|
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).