AUDUSD may trend downwards from 07 May 22:30

We expect AUDUSD to trend downwards later today. Based on these past United States Continuing Jobless Claims news events there is a 75% chance of this. We expect this to happen if the released value is > 19905K. A price movement of 63 pips is expected.

Historical events that allowed us to draw this conclusion

28 Feb 00:30
21 Feb 00:30

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