Based on the last 12 Adp Employment Change events in United States, we expect RB to trend upwards later today. Based on these past events there is a 83.33% chance of this. We expect RB to trend upwards 2 hours following the event release at 04 Mar 13:15 if the released value is > 170K. A price movement of 2 pips is expected.
Historical events that allowed us to draw this conclusion
|05 Feb 13:15|
|08 Jan 13:15|
|05 Sep 12:15|
|31 Jul 12:15|
|01 May 12:15|
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).