We expect a $550 movement on NZDUSD within the next 4 hours. We expect NZDUSD to trend upwards 4 hours following the SNB Interest Rate Decison events in Switzerland release because the released value is = 0.5%. A price movement of 55 pips is expected.
Historical events that allowed us to draw this conclusion
24 Mar 19:30 |
16 Dec 19:30 |
23 Sep 17:30 |
25 Mar 19:30 |
17 Dec 19:30 |
24 Sep 17:30 |
19 Mar 19:30 |
12 Dec 19:30 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).