We expect a $746 movement on USDCHF within the next 48 hours. We expect USDCHF to trend upwards 48 hours following the ZEW Economic Sentiment Index events in Germany release because the released value is > -63.4. A price movement of 71 pips is expected.
Historical events that allowed us to draw this conclusion
10 May 09:00 |
12 Apr 09:00 |
18 Jan 10:00 |
09 Nov 10:00 |
All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).
