We expect USDCHF to trend upwards later today. Based on these past Germany Unemployment Change news events there is a 66.67% chance of this. We expect this to happen if the released value is < -6K. A price movement of 15 pips is expected. Historical events that allowed us to draw this conclusion
04 Jan 19:55 |
29 Jul 17:55 |
30 Jun 17:55 |
01 Jun 17:55 |
31 Mar 18:55 |
05 Jan 19:55 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).