Based on the last 12 Adp Employment Change events in United States, we expect PA to trend upwards later today. Based on these past events there is a 66.67% chance of this. We expect PA to trend upwards 48 hours following the event release at 05 Feb 13:15 if the released value is > 156K. A price movement of 2,680 pips is expected.
Historical events that allowed us to draw this conclusion
08 Jan 13:15 |
30 Oct 12:15 |
01 May 12:15 |
30 Jan 13:15 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
