Based on the last 12 Continuing Jobless Claims events in United States, we expect EURUSD to trend downwards later today. Based on these past events there is a 66.67% chance of this. We expect EURUSD to trend downwards 12 hours following the event release at 06 May 22:30 if the released value is > 3620K. A price movement of 31 pips is expected.

Historical events that allowed us to draw this conclusion

29 Apr 22:30	22 Apr 22:30
15 Apr 22:30	18 Mar 23:30

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