We expect NG to trend upwards right now.

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”).

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