We expect RTY to trend upwards later today. Based on these past United States Continuing Jobless Claims news events there is a 70% chance of this. We expect this to happen if the released value is < 4490K. A price movement of 4,085 pips is expected. Historical events that allowed us to draw this conclusion
04 Feb 13:30 |
14 Jan 13:30 |
07 Jan 13:30 |
31 Dec 13:30 |
23 Dec 13:30 |
17 Dec 13:30 |
03 Dec 13:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
