Based on the last 12 Continuing Jobless Claims events in United States, we expect EURUSD to trend downwards right now. Based on these past events there is a 71.43% chance of this. We expect EURUSD to trend downwards for the next 12 hours because the released value is > 3100K. A price movement of 45 pips is expected.

Historical events that allowed us to draw this conclusion

08 Jul 22:30	01 Jul 22:30
17 Jun 22:30	03 Jun 22:30
29 Apr 22:30

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