Based on the last 12 Housing Starts events in United States, we expect USDCHF to trend downwards later today. Based on these past events there is a 71.43% chance of this. We expect USDCHF to trend downwards 48 hours following the event release at 2022-10-19 23:30 if the released value is < 1.475M. A price movement of 237 pips is expected. Historical events that allowed us to draw this conclusion

16 Jun 22:30	18 May 22:30
18 Feb 00:30	18 Nov 00:30
19 Oct 23:30

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).