Receive the latest alerts via email

12 pip movement on USDCHF expected

12 pip movement on USDCHF expected

Based on the last 12 ISM Manufacturing PMI events in US, we expect a 12 pip movement on USDCHF within 2 hours following the event release at 01 May 14:00.
We expect USDCHF to trend down 2 hours following the event release at 01 May 14:00 if the released value is > 54.5

Historical events that allowed us to draw this conclusion

01 Feb 15:00
 
03 Dec 15:00
 
04 Sep 14:00
 
02 Jul 14:00
 
01 Jun 14:00
 

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

Total
0
Shares
Previous Post

JPN225 – approaching a support line that has been previously tested at least twice in the past

Next Post

What to trade around the US ADP Employment Change news event

Related Posts