US ADP Employment Change


Fx News Spike Signals by Crazy Cat, 2018/10/31

Release Time: 08:15 New York time (EST)
Primary currency pair: USD/JPY
Forecast: 187K
Prior: 230K
LT1 (Lower Trigger 1): -60 [SELL]
UT1 (Upper Trigger 1): +60 [BUY]
Safety: 300

If US ADP Employment Change comes out at 127 or less ( -60 trigger), USD/JPY should go down by about 15 pips or more. If it comes out at +247K or better ( +60 trigger), USD/JPY should go up by about 15 pips or better.

Based on 32 estimates, the median estimate is 187K and the average estimate is 191K. The highest estimate is 260K (one estimate), and then 230K (one vote), then 219K (one estimate), 215K (one vote), 210K (one vote), 207K (one estimate), 200K (five estimates) and 195K (two estimates).

The lowest estimate is 155K (one vote), then 160K (one estimate), 170K (four votes), 175K (one vote), 178K (one vote), 180K (six votes), 185K (two estimates), 189K (one vote) and finally 190K (two estimates).

One standard deviation is +/- 20.8K, up from 13K last month.

Currently, it doesn't look like this report causes significant moves on the Forex market so don't expect too much from it.

Forex news history and charts

Go back to the Forex Market News listing
Copyright © 2014 Secret Weapons LLC. All Rights Reserved.   Contact Us | Affiliates | Privacy Policy


Risk disclosure: Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts. Past performance is not necessarily indicative of future results. Any opinions, news, research, analyses, prices, or other information contained on this website is provided as educational material and general market commentary, and does not constitute investment advice. Seek a licensed advisor. FastEconomicNews.com will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.