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We expect a $652 movement on USDCHF within the next 12 hours. We expect USDCHF to trend upwards 12 hours following the Unemployment Rate events in Euro Area release because the released value is = 6.6%. A price movement of 62 pips is expected.
Historical events that allowed us to draw this conclusion
01 Aug 19:00![]() |
01 Jun 19:00![]() |
10 Jan 21:00![]() |
02 Dec 21:00![]() |
03 Nov 21:00![]() |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).