Based on the last 12 Continuing Jobless Claims events in United States, we expect NZDUSD to trend upwards later today. Based on these past events there is a 66.67% chance of this. We expect NZDUSD to trend upwards 4 hours following the event release at 07 Apr 22:30 if the released value is > 1311K. A price movement of 44 pips is expected.

Historical events that allowed us to draw this conclusion

11 Mar 00:30	11 Feb 00:30
04 Feb 00:30	21 Jan 00:30

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