United States Non Farm Payrolls News Event – a $370 opportunity on EURUSD

We expect a $370 movement on EURUSD within 4 hours following the release of Non Farm Payrolls at 02 Jul 22:30. We expect EURUSD to trend downwards 4 hours following the event release at 02 Jul 22:30 if the released value is > 3000K. A price movement of 37 pips is expected.

Historical events that allowed us to draw this conclusion

05 Jun 22:30
07 Mar 00:30
08 Feb 00:30
07 Dec 00:30
05 Jul 22:30

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