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Based on the last 12 Employment Change events in Australia, we expect EURUSD to trend upwards later today. Based on these past events there is a 66.67% chance of this. We expect EURUSD to trend upwards 48 hours following the event release at 2023-02-16 11:30 if the released value is < 20K. A price movement of 93 pips is expected. Historical events that allowed us to draw this conclusion
19 Jan 11:30![]() |
20 Oct 11:30![]() |
15 Sep 11:30![]() |
19 May 11:30![]() |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).