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Based on the last 12 Balance of Trade events in Germany, we expect a $256.639 movement on USDCHF within the next 4 hours. We expect USDCHF to trend upwards for 4 hours because the released value is < €16.2B Historical events that allowed us to draw this conclusion
08 Jan 18:00 |
09 Dec 18:00 |
08 Oct 17:00 |
08 Sep 16:00 |
09 Jul 16:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).