United States Continuing Jobless Claims News Event – a $470 opportunity on AUDUSD

We expect a $470 movement on AUDUSD within 12 hours following the release of Continuing Jobless Claims at 29 Oct 23:30. We expect AUDUSD to trend upwards 12 hours following the event release at 29 Oct 23:30 if the released value is < 7700K. A price movement of 47 pips is expected. Historical events that allowed us to draw this conclusion

22 Oct 23:30
15 Oct 23:30
08 Oct 23:30
17 Sep 22:30
20 Aug 22:30
06 Aug 22:30

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