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We expect USDCHF to trend downwards for the next 48 hours. Based on these past Japan BoJ Interest Rate Decision news events there is a 66.67% chance of this. We expect this to happen because the released value is = -0.1%. A price movement of 78 pips is expected.
Historical events that allowed us to draw this conclusion
21 Jul 13:00 |
17 Jun 13:00 |
18 Mar 14:00 |
18 Jan 14:00 |
16 Jul 13:00 |
27 Apr 13:00 |
19 Mar 14:00 |
21 Jan 14:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).