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Based on the last 12 Balance of Trade events in Germany, USDCHF may trend downwards for the next 12 hours. Based on these past events there is a 70% chance of this. This may happen because the released value is < €1.2B Historical events that allowed us to draw this conclusion
04 Mar 18:00 |
09 Feb 18:00 |
07 Jan 18:00 |
09 Nov 18:00 |
08 Oct 17:00 |
09 Sep 16:00 |
08 Jul 16:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).