38 pip movement on AUDUSD expected

Based on the last 12 Non Farm Payrolls events in United States, we expect AUDUSD to trend downwards later today. Based on these past events there is a 71.43% chance of this. We expect AUDUSD to trend downwards 4 hours following the event release at 2022-07-08 22:30 if the released value is > 268K. A price movement of 38 pips is expected.

Historical events that allowed us to draw this conclusion

03 Jun 22:30
06 May 22:30
05 Feb 00:30
05 Nov 23:30
06 Aug 22:30

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