United States Continuing Jobless Claims News Event – a $1,770 opportunity on EURUSD

We expect a $1,770 movement on EURUSD within 48 hours following the release of Continuing Jobless Claims at 08 Apr 22:30. We expect EURUSD to trend downwards 48 hours following the event release at 08 Apr 22:30 if the released value is < 3650K. A price movement of 177 pips is expected. Historical events that allowed us to draw this conclusion

25 Mar 23:30
12 Mar 00:30
05 Mar 00:30
26 Feb 00:30
12 Feb 00:30
29 Jan 00:30
15 Jan 00:30

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