We expect UB to trend downwards later today. Based on these past United States Non Farm Payrolls news events there is a 88.89% chance of this. We expect this to happen if the released value is > 113K. A price movement of 22812 pips is expected.
Historical events that allowed us to draw this conclusion
04 Oct 12:30 |
05 Jul 12:30 |
07 Jun 12:30 |
05 Apr 12:30 |
08 Mar 13:30 |
02 Feb 13:30 |
05 Jan 13:30 |
08 Dec 13:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
