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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”).