Based on the last 12 Non Farm Payrolls events in United States, we expect EURUSD to trend downwards later today. Based on these past events there is a 80% chance of this. We expect EURUSD to trend downwards 2 hours following the event release at 04 Feb 13:30 if the released value is > 150K. A price movement of 38 pips is expected.
Historical events that allowed us to draw this conclusion
05 Nov 12:30 |
06 Aug 12:30 |
02 Apr 12:30 |
05 Mar 13:30 |