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Based on the last 12 KOF Leading Indicators events in Switzerland, we could see a 19 pip movement on USDCAD for the next 4 hours. USDCAD could trend downwards for 4 hours because the released value is > 96.3
Historical events that allowed us to draw this conclusion
29 Apr 17:00![]() |
30 Dec 19:00![]() |
29 Oct 18:00![]() |
30 Sep 17:00![]() |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).