We expect AUDUSD to trend downwards for the next 2 hours. Based on these past United States Continuing Jobless Claims news events there is a 80% chance of this. We expect this to happen because the released value is < 1400K. A price movement of 27 pips is expected. Historical events that allowed us to draw this conclusion
25 Aug 22:30 |
18 Aug 22:30 |
28 Jul 22:30 |
14 Jul 22:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).