United States Continuing Jobless Claims News Event – a $420 opportunity on AUDUSD

We expect a $420 movement on AUDUSD within 2 hours following the release of Continuing Jobless Claims at 29 Apr 22:30. We expect AUDUSD to trend downwards 2 hours following the event release at 29 Apr 22:30 if the released value is < 3614K. A price movement of 42 pips is expected. Historical events that allowed us to draw this conclusion

12 Mar 00:30
05 Mar 00:30
26 Feb 00:30
19 Feb 00:30
12 Feb 00:30
05 Feb 00:30

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