We expect NKD to trend upwards for the next 12 hours. Based on these past United States Adp Employment Change news events there is a 71.43% chance of this. We expect this to happen because the released value is < 177K. A price movement of 46,750 pips is expected. Historical events that allowed us to draw this conclusion
06 Jan 13:15 |
02 Dec 13:15 |
04 Nov 13:15 |
02 Sep 12:15 |
01 Jul 12:15 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
