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We expect SB to trend upwards today with a 80% chance.

Based on the last 12 Continuing Jobless Claims events in United States, we expect SB to trend upwards later today. Based on these past events there is a 80% chance of this. We expect SB to trend upwards 2 hours following the event release at 07 Apr 12:30 if the released value is > 1311K. A price movement of 15 pips is expected.

Historical events that allowed us to draw this conclusion

03 Mar 13:30
10 Feb 13:30
03 Feb 13:30
27 Jan 13:30
20 Jan 13:30

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).

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