TradersNews 87.5% probability that USDCHF will trend up on Friday 12 Jul at 09:00 AM GMT if the EMU Industrial Production YoY number is greater than -1.6%.

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This Friday 12 Jul at 09:00 AM GMT the latest EMU Industrial Production YoY number will be released.
If the number is greater than than economists’ consensus there is a 87.5% probability that USDCHF will trend up following the news event.

This probability is based on the last 12 EMU Industrial Production YoY events, in which 7 of the last 8 events where the actual number was greater than than the economist consensus resulted in an up trend of USDCHF.

Here are images of the past events:

Thursday 13 Jun at 09:00 AM GMT:

Tuesday 14 May at 09:00 AM GMT:

Wednesday 13 Mar at 10:00 AM GMT:

Wednesday 12 Dec at 10:00 AM GMT:

Wednesday 14 Nov at 10:00 AM GMT:

Friday 12 Oct at 09:00 AM GMT:

Thursday 12 Jul at 09:00 AM GMT:

Disclaimer: Past performance may not be indicative of future performance

Posted on July 12, 2019 in Tradersnews_en_GB

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