Based on the last 12 Consumer Confidence events in Switzerland, we expect EURUSD to trend downwards right now. Based on these past events there is a 71.43% chance of this. We expect EURUSD to trend downwards for the next 12 hours because the released value is < 1.5. A price movement of 48 pips is expected. Historical events that allowed us to draw this conclusion

15 Apr 19:30	05 Feb 17:45
04 Nov 17:45	02 Aug 15:45
02 May 15:45

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