United States Non Farm Payrolls News Event – a possible $970 movement on EURUSD

Based on the last 12 Non Farm Payrolls events in United States, a $970 movement on EURUSD may occur within 12 hours following the event release at 06 May 22:30. EURUSD could trend upwards 12 hours following the event release at 06 May 22:30 if the released value is < 391K Historical events that allowed us to draw this conclusion

08 Jan 00:30
08 Oct 23:30
03 Sep 22:30
04 Jun 22:30
07 May 22:30

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