What to trade around United States Continuing Jobless Claims news event

Based on the last 12 Continuing Jobless Claims events in United States, we expect USDCHF to trend upwards later today. Based on these past events there is a 71.43% chance of this. We expect USDCHF to trend upwards 48 hours following the event release at 31 Mar 23:30 if the released value is > 1350K. A price movement of 84 pips is expected.

Historical events that allowed us to draw this conclusion

11 Mar 00:30
04 Mar 00:30
04 Feb 00:30
28 Jan 00:30
07 Jan 00:30

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