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”).