Japan Consumer Confidence News Event – a possible $933.736 movement on USDCHF

Based on the last 12 Consumer Confidence events in Japan, we expect a $933.736 movement on USDCHF within 48 hours following the event release at 01 Oct 15:00. We expect USDCHF to trend downwards 48 hours following the event release at 01 Oct 15:00 if the released value is > 37

Historical events that allowed us to draw this conclusion

02 Aug 15:00
31 May 15:00
08 Apr 15:00
02 Dec 16:00
02 Oct 15:00

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