Based on the last 12 Adp Employment Change events in United States, we expect UB to trend downwards later today. Based on these past events there is a 75% chance of this. We expect UB to trend downwards 2 hours following the event release at 2022-11-02 12:15 if the released value is > 195K. A price movement of 115 pips is expected.
Historical events that allowed us to draw this conclusion
05 Oct 12:15 |
30 Mar 12:15 |
02 Mar 13:15 |
05 Jan 13:15 |
01 Dec 13:15 |
03 Nov 12:15 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
