Based on the last 12 ISM Non-Manufacturing PMI events in United States, we expect a $487 movement on USDCHF within 2 hours following the event release at 2023-04-06 00:00. We expect USDCHF to trend upwards 2 hours following the event release at 2023-04-06 00:00 if the released value is < 54.5 Historical events that allowed us to draw this conclusion
04 Nov 01:00 |
04 Jun 00:00 |
05 May 00:00 |
06 Apr 00:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).