We expect USDCHF to trend upwards for the next 2 hours. Based on these past Germany ZEW Economic Sentiment Index news events there is a 71.43% chance of this. We expect this to happen because the released value is < -60. A price movement of 47 pips is expected. Historical events that allowed us to draw this conclusion

16 Aug 19:00	12 Jul 19:00
14 Jun 19:00	15 Mar 21:00
07 Sep 19:00

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