United States Continuing Jobless Claims News Event – a $142.645 opportunity on USDCHF

We expect a $142.645 movement on USDCHF within 4 hours following the release of Continuing Jobless Claims at 13 Aug 22:30. We expect USDCHF to trend downwards 4 hours following the event release at 13 Aug 22:30 if the released value is < 15898K. A price movement of 13 pips is expected. Historical events that allowed us to draw this conclusion

23 Jul 22:30
16 Jul 22:30
25 Jun 22:30
28 May 22:30

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