We expect a $683 movement on USDCHF within the next 12 hours. We expect USDCHF to trend downwards 12 hours following the Continuing Jobless Claims events in United States release because the released value is > 1438K. A price movement of 65 pips is expected.

Historical events that allowed us to draw this conclusion

04 Aug 22:30	21 Jul 22:30
30 Jun 22:30	16 Jun 22:30

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