United States Continuing Jobless Claims News Event – a $170 opportunity on NZDUSD

We expect NZDUSD to trend upwards 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 > 1345K. A price movement of 17 pips is expected.

Historical events that allowed us to draw this conclusion

11 Aug 22:30
04 Aug 22:30
21 Jul 22:30

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