We expect AUDUSD to trend downwards for the next 2 hours. Based on these past United States Non Farm Payrolls news events there is a 75% chance of this. We expect this to happen because the released value is > 250K. A price movement of 21 pips is expected.
Historical events that allowed us to draw this conclusion
05 Aug 22:30 |
03 Jun 22:30 |
06 May 22:30 |
05 Mar 00:30 |
05 Feb 00:30 |
05 Nov 23:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).