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Based on the last 12 Ivey PMI s.a events in Canada, we expect USDCHF to trend downwards later today. Based on these past events there is a 85.71% chance of this. This may happen if the released value is > 67
Historical events that allowed us to draw this conclusion
08 Apr 00:00 |
06 Feb 02:00 |
07 Nov 02:00 |
08 Aug 00:00 |
08 Jul 00:00 |
06 Jun 00:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).