We expect a $420 movement on AUDUSD within the next 2 hours. We expect AUDUSD to trend downwards 2 hours following the Continuing Jobless Claims events in United States release because the released value is > 1383K. A price movement of 42 pips is expected.
Historical events that allowed us to draw this conclusion
07 Jul 22:30 |
09 Jun 22:30 |
28 Apr 22:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).