We expect a $186 movement on USDCHF within the next 4 hours. We expect USDCHF to trend downwards 4 hours following the Inflation Rate YoY events in Japan release because the released value is > 2.6%. A price movement of 18 pips is expected.
Historical events that allowed us to draw this conclusion
24 Jun 09:30 |
20 May 09:30 |
21 Jan 10:30 |
24 Dec 10:30 |
22 Oct 10:30 |
20 Jul 09:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).