Based on the last 12 Continuing Jobless Claims events in United States, we expect EURUSD to trend downwards later today. Based on these past events there is a 83.33% chance of this. We expect EURUSD to trend downwards 2 hours following the event release at 07 Feb 00:30 if the released value is > 1720K. A price movement of 19 pips is expected.

Historical events that allowed us to draw this conclusion

10 Jan 00:30	03 Jan 00:30
27 Dec 00:30	20 Dec 00:30
22 Nov 00:30

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