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.

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