We expect USDCHF to trend downwards later today. Based on these past United States Continuing Jobless Claims news events there is a 71.43% chance of this. We expect this to happen if the released value is > 1733K. A price movement of 117 pips is expected.

Historical events that allowed us to draw this conclusion

28 Feb 00:30	21 Feb 00:30
10 Jan 00:30	03 Jan 00:30
27 Dec 00:30

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