We expect USDCHF to trend upwards later today. Based on these past United States Fed Interest Rate Decision news events there is a 75% chance of this. We expect this to happen if the released value is = 0.5%. A price movement of 226 pips is expected.
Historical events that allowed us to draw this conclusion
27 Jan 06:00 |
04 Nov 05:00 |
23 Sep 04:00 |
17 Jun 04:00 |
29 Apr 04:00 |
18 Mar 05:00 |
28 Jan 06:00 |
06 Nov 06:00 |
17 Sep 04:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).